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Paladinen [302]
4 years ago
12

Sandy is considering moving from her apartment into a small house with a fenced yard. The apartment is noisy, and she has diffic

ulty studying. In addition, the fenced yard would be great for her dog. The distance from school is about the same from the house and from the apartment. The apartment costs $750 per month, and she has 2 months remaining on her lease. The lease cannot be broken, so Sandy must pay the last 2 months of rent whether she lives there or not. The rent for the house is $450 per month, plus utilities, which should average $100 per month. The apartment is furnished; the house is not. If Sandy moves into the house, she will need to buy a bed, dresser, desk, and chair immediately. She thinks that she can pick up some used furniture for a good price. Suppose that the apartment building was within walking distance to campus and the house was five miles away. Sandy does not own a car. How would that affect her decision? a.It would make the house more desirable. b.It would make the apartment more desirable. c.It would make both choices less desirable. d.It would make both choices more desirable. e.It would have no effect on the decision; buying or not buying a car is a separate decision.
Business
1 answer:
QveST [7]4 years ago
5 0

Answer:

Option B; IT WOULD MAKE THE APARTMENT MORE DESIRABLE.

Explanation:

Decision making is the process of making choices by identifying a decision, gathering information, and assessing alternative resolutions.

Decision making involves choosing between possible solutions to a problem. Decisions can be made through either an intuitive or reasoned process, or a combination of the two.

Since Sandy does not own a car and the apartment building was within walking distance to campus and the house was five miles away, it would be difficult to get to campus from the house without a car. Therefore, rather than moving into the small house with a fenced yard, the apartment would be more desirable.

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Which of the following should not be considered as an opportunity cost of attending college?
Gwar [14]

Answer:

Option (A) is correct.

Explanation:

Opportunity cost refers to the cost that is incurred by selecting some other alternative. It is the benefit that is foregone from the next best alternative.

Therefore, the opportunity of attending college is as follows:

(a) Salary amount that could have been earned from the job.

(b) Interest income from depositing money into savings account

(c) The satisfaction obtained from the business lunches.

(d) Opportunities that were sacrificed for attending college.

5 0
4 years ago
Nico's net take-home pay per month is $2,100. What is the maximum dollar amount of debt payments, excluding a home mortgage, he
alekssr [168]

The answer here is $420 that should be with Nico.

According to experts, one shouldn't pay more than 20% of net income (i.e., after-tax) toward debt. So, 20% of $2100 is $420. So, the maximum dollar amount of debt payments he should have is $420.

Anything owing by one party to another is a debt. Debt may be secured by real estate, cash, services, or another kind of payment. Debt in the context of finance is more specifically defined as funds obtained via the issuing of bonds. An arrangement wherein one person loans money to another is known as a loan, which is a type of debt.

Therefore he should have $420 to pay off his debt.

To know more about debt payment click here:

brainly.com/question/21107102

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5 0
2 years ago
In a climatological sense, dryness is a function of both annual rainfall and ________.
Talja [164]

Answer:

evaporation

Explanation:

In a climatological sense, dryness is a function of both annual rainfall and evaporation.

7 0
2 years ago
In 2016, Gail had a § 179 deduction carryover of $30,000. In 2017, she elected § 179 for an asset acquired at a cost of $115,0
netineya [11]

Answer:

d. $140,000

Explanation:

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.  

7 0
4 years ago
How is your opportunity cost of taking this course online different than taking it on-campus?
olga_2 [115]

Answer:

Online classes is new trend now these days. Both ways have their own advantage and disadvantages.

Explanation:

Now these days the trend of online classes are on top. This is not a longer novelty. This mode of learning changes the structure and experience of the class.

It is not necessary that the changes could be right for all. There are some advantage of online classes.

  • Flexible schedule
  • Faster completion
  • To study anytime
  • To login from anywhere
  • To access the more colleges
  • No commute

It has potentially lower cost

But in traditional classroom in campus, you have to attend the classes at campus. You will meet new people. Students get socialize with another students and new people

Both way of taking course have advantage and disadvantage.

8 0
3 years ago
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