Dr Nick

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About Dr Nick

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Elementary,Middle School,High School,College,University,PHD

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Art & Design,Computer Science See all
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Teaching Since: May 2017
Last Sign in: 340 Weeks Ago, 2 Days Ago
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Education

  • MBA (IT), PHD
    Kaplan University
    Apr-2009 - Mar-2014

Experience

  • Professor
    University of Santo Tomas
    Aug-2006 - Present

Category > Business & Finance Posted 15 Jun 2017 My Price 14.00

Analyze the costs of your household

 

Analyze the costs of your household. The household is a group of people living under the same roof; it could father/mother/sons or it could be three roommates that have rented an apartment. Those people share costs (for example, the rent) and tasks (cleaning).

Indicate, with real or fictitious numbers, which are (in one month):

  • Fixed costs
  • Variable costs
  • Total cost per month
  • Average fixed cost (per person)
  • Average variable cost (per person)
  • Average total cost (per person)

Suppose that the household receives two guests for Christmas and they stay one month. The total variable cost increases in $ 500 in that month. Which is the marginal cost?

Provide at least one reference. Answer in 120 words 

Answers

Dr Nick
(4)
Status NEW Posted 15 Jun 2017 09:06 AM My Price 14.00

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