Preston decides to buy a new car. He does a lot of research online and goes to several car dealerships to test drive cars. He finally decides on a car to purchase, but, in order to buy it, Preston must take out a loan. He also must get the car inspected and registered before he can start driving it. In this scenario, which is a nonmonetary cost associated with Preston's car purchase?

The time taken to test drive various car models

Explanation:

Non monetary cost refers to Whatever it costs a customer, other than money, to purchase a product. The non-monetary price of buying a product includes the time dedicated to looking for the product and the risk taken that the desired benefits would be received.Non-monetary expenses are the personal items that cost you, but not your bank account. They calculate non-monetary costs in units other than income. This may be money, comfort or even effort.

Non monetary cost is simply What it costs a customer (other than money) to buy a product.

The time taken to test drive various car models

Explanation:

Non monetary cost refers to Whatever it costs a customer, other than money, to purchase a product. The non-monetary price of buying a product includes the time dedicated to looking for the product and the risk taken that the desired benefits would be received.Non-monetary expenses are the personal items that cost you, but not your bank account. They calculate non-monetary costs in units other than income. This may be money, comfort or even effort.

Non monetary cost is simply What it costs a customer (other than money) to buy a product.

the earthquake in haiti was a magnitude of 7.0 according to the u.s geological survey yet the smaller earthquake in haiti killed more than 200,000 and left more than 1.2 million people homeless. the chile earthquake was a magnitude of 8.8 and 500 times more stronger but chile's earthquake only injured 712 people.