Identify each of the following costs associated with owning an automobile as direct (D) or indirect (I). Assume a direct cost is one that is directly attributable to the number of miles driven. (a) License plate, (b) Drivers license, (c) Gasoline, (d) Highway toll fee, (e) Oil change, ( f ) Repairs after collision, (g) Gasoline tax, (h) Monthly loan payment, (i) Annual inspection fee, and ( j ) Garage rental.
What will be an ideal response?
(a) License plate (I)
(b) Drivers license (I)
(c) Gasoline (D)
(d) Highway toll fee (I, since it is usually an option to choose a non-toll route)
(e) Oil change (D)
(f) Repairs after collision (I)
(g) Gasoline tax (D, since it is a part of the direct cost of gas)
(h) Monthly loan payment (I)
(i) Annual inspection fee (I)
(j) Garage rental (I)
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