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Sauron [17]
3 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]3 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.  

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ella [17]
A factory is any place where goods are produced or distributed or services are produced.
5 0
3 years ago
A company's fixed operating costs are $420,000, its variable costs are $3.20 per unit, and the product's sales price is $4.65. W
Hatshy [7]

Answer: The volume of sales that will result in a break-even point is 289,655 units

Explanation: For any organization or company to break-even means its total costs is just the same as its total revenue. This means no profit, and no loss either. Or better still, profit/loss equals zero.

The equation to determine the profit or otherwise of an organization is given as Revenue minus Cost. That is, the sales figure should exceed the cost of production, and the excess would be the profit. If on the other hand the cost of production exceeds the sales figure, then the equation would result in a negative figure which simply means a loss has been recorded.

In the question above, the costs have been given as;

Fixed cost = 420000

Variable cost = 3.2y

Total cost = 420000 + 3.2y

Where y is the number of units produced.

Also the revenue has been given as 4.65y

That is, sales price multiplied by number of units produced/sold

The profit is given as revenue minus cost while the break-even point is given as revenue equals cost, that is;

420000 + 3.2y = 4.65y

Collect like terms and you have;

420000 = 4.65y - 3.2y

420000 = 1.45y

Divide both sides by 1.45

289655.172 = y

y ≈ 289,655

Therefore the sales volume that will result in a break even point is 289,655 units

7 0
3 years ago
A benefit that is sought by an interest group and that once achieved cannot be denied to nonmembers is called a:
aivan3 [116]
<span>A benefit that is sought by an interest group and that once achieved cannot be denied to nonmembers is called a free rider. The free rider problem is created from market failure because people take advantage of being able to use common resources or collective goods without being able to pay for </span>them. 
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3 years ago
Based on your knowledge of international trade organizations, answer the following question.
IgorC [24]

Answer:

b. The global financial crisis of 2008 threatened the EU by exposing differences in the economic strength of its member states.

d. The EU introduced the euro, a common currency that facilitates travel, trade, and investment.

Explanation:

Trade of factors and finished goods increased exponentially over the couse of the years after implementing the Euro

This makes possible a lot of new project and investment as it was a strong currency with virtually no risk of devaluation thus, very reliable. In the past, European currency will tend into depreciation and inflation. This doesn't occur with the Euro

Also whe nthe 2008 sub-prime crisis hit we manage to discover the great difference between the central power and the other nations such as ireland, spain, greece and portugal This were called (PIGS)

However is important to notice how Ireland has manage to leave those problem behind with a serious of reform after the crisis.

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3 years ago
A machine with a cost of $142,000 and accumulated depreciation of $97,000 is sold for $56,000 cash. The amount that should be re
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A machine would cost $142,000 and the depreciation of $98,000
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