Posted by Dan on Sunday, September 2, 2012 at 11:22pm.
Say your parents give you a car for your birthday. It is not the new model you wanted, but it's in very good condition. They bought it used for $15,000 (market value). The cost of keeping the car to you is (not counting maintenance and operation cost) is:

economics  amy, Monday, September 3, 2012 at 1:44am
$15,000
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