1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Sauron [17]
2 years ago
10

Fiona shares an office with her exminus−husband. Her share of the rent and utilities is​ $625 per month. She is considering movi

ng to a home office which she will not have to share with anyone. The home office will not cost her anything as far as extra rent or utilities.​ Recently, you ran into Fiona at the gym and she tells you that she has moved into her home office. Fiona is as rational as any other person. As an economics​ major, you rightly conclude that ______
Business
1 answer:
ExtremeBDS [4]2 years ago
7 0

Answer:

Th answer is: She definitely made the right choice.

Explanation:

As an economics major and a rational human being I can firmly state that Fiona is not only saving $625 per month in rent and utilities, but also on several different aspects of her life that will probably boost her productivity. She is not only saving money on the rent, she probably is also saving some  money (and time) in transportation costs. Also she´ll probably save money on other expenses that are usually not considered important but can be significant, for example:

  • Food and beverages: it´s always cheaper to eat at home.
  • Clothing: if her work doesn´t require clients to personally visit her office, she can save money by wearing regular daily clothes instead of more fancy office type garments.
  • Etc.  

Besides the previous advantages, not seeing and dealing your ex-anything again, as Mastercard said it, is PRICELESS.  

You might be interested in
Which of the following formulas is used to compute the accounting rate of return?
tekilochka [14]

Answer:

Option (A) is correct.

Explanation:

Accounting rate of return is determined to take the efficient business decision related to the capital budgeting and it tell us whether to accept the proposal or not. The following is the formula:

Accounting rate of return = (Average Income ÷ Initial Investment)

For example:

Net profit for 3 years are as follows:

2012 - 13 = $50 million

2013-14 = $100 million

2014-15 = $150 million

Initial investment = $200

Average profit = ($50 + $100 + $150) ÷ 3

                        = $100

Accounting rate of return = (Average Income ÷ Initial Investment)

                                          = $100 ÷ $200

                                          = 0.5 or 50%

5 0
3 years ago
The supply curve of labor is upward sloping if:____________
horsena [70]

Answer:

Option A, “the substitution effect dominates the income effect” is correct.

Explanation:

If the real wage increases then the opportunity cost for leisure will also increase. Therefore, an increase in real wages and a rise in the opportunity cost of leisure induce labor to supply more workforce or labor force. This is known as the substitution effect. Moreover, when this substitution effect is greater than the income effect then the supply curve for labor is upward sloping.

6 0
3 years ago
In a cooking context, which of the following materials is the best heat conductor?
victus00 [196]
Iron is the answer to the question
8 0
3 years ago
Read 2 more answers
A company that has no money to spend on marketing would probably be best advised to try their luck, at least initially, with wha
marysya [2.9K]
C. sales promotion would be the answer
6 0
3 years ago
Chloe Closson paid for her vacation to the mountains with a $3,000 installment loan at 10% for 12 months. Her monthly payments w
erastova [34]
If Chloe did not pay off the loan, she will payout 263.75 x 12 = $3165.00 

However, if Chloe pays off the loan with the sixth payment, she will pay out (263.75 x 5) + 1,786.20 = $3,086.95.

But the question is how much will she save? To get the answer just follow this:  3165.00 - 3086.95 = $78.05 

Therefore, Chloe saves $78.05 
7 0
3 years ago
Other questions:
  • Allocation of common costs. Evan and Brett are students at Berkeley College. They share an apartment that is owned by Brett. Bre
    9·1 answer
  • Tate Company purchased equipment on November 1, 2020 and gave a 3-month, 9% note with a face value of $120,000. Tate’s year-end
    10·1 answer
  • Materials must have which two qualities in order to be classified as direct materials? a.They must be an integral part of the fi
    9·1 answer
  • Which of the following cooking methods would produce food with a smoky, slightly charred flavor? A. Saut ing B. Grilling C. Roas
    7·1 answer
  • An alternative to using a letter of credit is export credit insurance. What are the advantages and disadvantages of using export
    9·1 answer
  • When a scientific study on the harmful effects of a particular food preservative was published, Ultimo Foods, a popular potato c
    15·1 answer
  • Equipment with an estimated market value of $27,869 is offered for sale at $45,447. The equipment is acquired for $16,939 in cas
    9·1 answer
  • In an acquisition the firm being purchased is the and the firm which is purchasing the other firm is the
    15·1 answer
  • Bonds issued by the Coleman Manufacturing Company have a par value of $1,000, which of
    12·1 answer
  • Spotlight on India and Mexico Question Number 1) India’s rapidly expanding service sector of educated workers represents more th
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!