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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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Terrell has an employer-sponsored 401(k) plan that he contributes to, and his employer matches 25% of his 401(k) contributions.
Elza [17]
The answer is 6250 buddy.

You're welcome
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8 0
3 years ago
Read 2 more answers
Many Americans are selling their used cars and buying new​ fuel-efficient hybrids. Other things remaining the​ same, in the mark
Ann [662]

Answer:

Supply increases and price falls; Demand increases and price increases.

Explanation:

Other things remains the same,

If many Americans are selling their used cars, then this will lead to increase the supply of used cars in the market for used cars and shifts the supply curve rightwards. This shift in the supply curve will decrease the prices of used cars.

Now, Americans are buying new fuel-efficient hybrids which will increase the demand of hybrids in the market for hybrids and shifts the demand curve of hybrids rightwards. Therefore, this shift in the demand curve of hybrids will increase the prices of hybrids.

Note: Missing options are attached with the answer.

8 0
3 years ago
f the government imposes a binding price ceiling in a market, then the producer surplus in that market will increase.
Anit [1.1K]

Answer:  This statement is FALSE

Explanation:

Price Ceiling is the maximum price fixed by government , usually less than equilibrium price to make necessity goods affordable to max people.

Producer Surplus is the difference between prevailing price & minimum price needed to induce producers to supply . Diagramaticaly / Graphicaly , it is the vertical difference between supply curve & price level

Implying Ceiling Imposition , the price gets reduced . Assuming unchanged Supply curve , the difference between price & supply curve reduces .  

Hence , Producer Surplus falls  

6 0
3 years ago
A 22-year, semiannual coupon bond sells for $1,066.57. The bond has a par value of $1,000 and a yield to maturity of 6.78 percen
Mariulka [41]

Answer:

The answer is 7.37%

Explanation:

Solution

Given that

Bond per value = future value =$1000

The current price =  $1,066.57

Time = 22 years * 2

=44 semi-annual periods

The year of maturity = 6.78%/2 = 3.39%

Thus

The coupon rate is computed by first calculating the amount of coupon payment.

So

By using a financial calculator, the coupon payment is calculated below:

FV= 1,000

PV= -1,066.57

n= 44

I/Y= 3.39

Now we press the PMT and CPT keys (function) to compute the payment (coupon)

What was obtained is 36.83 (value)

Thus

The annual coupon rate is: given as:

= $36.83*2/ $1,000

= $73.66/ $1,000

= 0.0737*1,00

=7.366% or 7.37%

Therefore  7.37% is the bond's coupon rate.

3 0
4 years ago
Consider a market in which a firm has monopoly power. Suppose in addition that the firm produces under the presence of either a
Vikentia [17]

Answer:

A) No, in the presence of a negative externality, since the monopolist produces less than the competitive quantity, it may end up producing the socially efficient quantity.  However, in the case of a positive externality, since a competitive market produces too little, a monopolist will only exacerbate the problem.

Explanation:

Monopolists produce less than the competitive quantity (marginal revenue = marginal cost) but charge a higher price for their products. In case a negative externality is produced, then the competitive quantity should decrease and the monopolist might end up producing the socially efficient quantity.

Given the same scenario where the monopolist produces less than competitive quantity, but a positive externality is produced, then the socially efficient quantity should increase, but the monopolist will not increase their output.

7 0
3 years ago
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