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There Are Two Types of Monetary Costs Involved in the Purchase

Question 2

Multiple Choice

There are two types of monetary costs involved in the purchase of any product: transactional costs and life-cycle costs. Which of the following best exemplifies a life-cycle cost in the purchase of an automobile?


A) the actual purchase price
B) state or local taxes
C) anticipated repair expenses
D) registration fees
E) title fees

Correct Answer:

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