Fixed automobile costs increase as the number of miles driven increase.

Name: Fixed automobile costs increase as the number of miles driven increase.
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Question

Quizplus · Accepted Answer

Fixed automobile costs remain the same regardless of the number of miles driven. Examples of fixed automobile costs include insurance premiums, monthly car payments, and registration fees. However, variable automobile costs such as gas and maintenance expenses do increase as the number of miles driven increases.

Fixed Automobile Costs Increase as the Number of Miles Driven