Microeconomics Essay Example | Topics and Well Written Essays - 250 words - 8

Microeconomics - Essay Example I would consider both fixed and variable expenses in choosing to go to make a trip to New York from Los Angeles by either a plane or a vehicle. Fixed costs that I will consider for the excursion by means of plane incorporate expense of an air ticket, gear charges, and administrations gave on the excursion, which are fixed expenses as they have been controlled by the carrier and don't shift. Transportation expenses to and from the air terminal, traffic and different expenses emerging subsequent to landing from the plane are among the variable expenses for thought when voyaging by means of plane. Fuel, food at stops, measure of traffic out and about, are the variable expenses to be considered for going via vehicle while vehicle upkeep, cost charges, any fixes made in transit, leaving expenses paid over the span of the excursion, washing and capacity installments, and mileage to the vehicle are fixed costs when going via vehicle. As is clear, both fixed and variable expenses are conside red in settling on the choice on which transport from to use to New York from Los Angeles. Ruegg, Rosalie T. The Police Patrol Car: Economic Efficiency in Acquisition, Operation, and Disposition : Prepared for National Institute of Law Enforcement and Criminal Justice, Law Enforcement Assistance Administration, U.s. Branch of Justice. Washington: The Bureau, 1978.