Nicolas has purchased a streaming audio service for $8.00 per month. As he listens to more songs in a month he spread this fixed cost over a larger number of songs, and therefore his cost per song decreases the more songs he listens to. One if his friends says to Nicolas: “The more music you listen to, the less you pay per song so you should spend all your time listening to music.” Please explain what is wrong with the friend’s stat

Nicolas has purchased a streaming audio service for $8.00 per month. As he listens to more songs in a month he spread this fixed cost over a larger number of songs, and therefore his cost per song decreases the more songs he listens to. One if his friends says to Nicolas: “The more music you listen to, the less you pay per song so you should spend all your time listening to music.” Please explain what is wrong with the friend’s stat

SWFT Essntl Tax Individ/Bus Entities 2020

23rd Edition

ISBN:9780357391266

Author:Nellen

Publisher:Nellen

Chapter4: Gross Income

Section: Chapter Questions

Problem 18P

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