What costs and intangible consequences relevant to decision


Problem

Last year to help with your New Year's resolutions you purchased a $500 piece of fitness equipment. However, you use it only once a week on average. It is December, and you can sell the equipment for $200 (to someone with a New Year's resolution) and rely on the university gym until you graduate in May. If you don't sell until May, you will get only $100. If you keep the heavy piece, you'll have to pay $25 to move it to the city of your new job (where you interned last summer). There is no convenient gym at the new location. What costs and intangible consequences are relevant to your decision? What should you do?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: What costs and intangible consequences relevant to decision
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