This study is for students joining University who are not living in the region. Suppose that a
Question:
This study is for students joining University who are not living in the region. Suppose that a student will join the University next semester and wants to choose between renting a one-bedroom apartment next to campus (at walking distance), or in a less expensive region where he/she will need to take transportation every day to come.
• In this project you are supposed to choose two different apartments, one at walking distance from campus and another one in a less expensive region that requires transportation.
• Compare the rent of the two apartments.
• Calculate the distance travelled per day for the second option.
• Estimate the transportation fees per semester for the far apartment.
• Determine the less expensive option.
• Pros and Cons for each option
• Would you consider renting next to campus or not? Explain and justify your choice.
Microeconomics An Intuitive Approach with Calculus
ISBN: 978-0538453257
1st edition
Authors: Thomas Nechyba