ECO 204 week 3 Discussion 2

  

Ashford 4: – Week 3 – Discussion 2

 

Your initial discussion thread is due on Day 3 (Thursday) and you have until Day 7 (Monday) to respond to your classmates. Your grade will reflect both the quality of your initial post and the depth of your responses. Reference the Discussion Forum Grading Rubric for guidance on how your discussion will be evaluated.

 

     

Fixed   and Variable Costs

 After reading Chapter 8 in the text and viewing the required video for this week, Fixed, variable, and marginal cost, address the following in your initial post:  First, describe several different fixed costs and      variable costs associated with operating an automobile.  Next, assume that you would like to travel from Los Angeles      to New York City by either car or plane. Which costs would you take into      account in making your decision, fixed costs, variable costs or both? Make      sure to explain your analysis in the decision that you have to make.

 Guided Response: Review the discussion board posts of your classmates. Analyze the difference in your answer to your peers in response to the different costs that are discussed . Respond to at least two of your classmates. Discuss the different types of costs like fixed, variable, or both..