Gina paid $900 for a camera which was 25% lower than what she would have been willing to pay for the camera given all the features this camera came with. For the consumer electronics firm selling the camera, however, the cost of producing the camera was only $350. Compute the Total Value - Cost in this scenario

You are in the market for a new refrigerator for your company’s lounge, and you have narrowed the search down to two models. the energy efficient model sells for $700 and will save you $45 at the end of each of the next five years in electricity costs. the standard model has features similar to the energy efficient model but provides no future saving in electricity costs. it is priced at only $500. assuming your opportunity cost of funds is 6 percent, which refrigerator should you purchase