Question

Owning provides ____ flexibility but can lead to ______ costs in the long termA-greater ; lowerB- greater; higherC- less; lower D- less; higher

Answer 1

The answer is B. Owning provides greater flexibility (you own it, what you do with it is up to you) but since you own it, you are responsible for it. Whether you took out a loan for it or simply maintenance is all you, leading to higher costs in the long term.