Over the relevant range of output, fixed costs remain unchanged

Which of the following is an advantage of primary data?

a. It incurs less cost than secondary data to collect relevant information. b. It answers specific research questions that secondary data cannot answer. c. It consists of data that is easily available to any interested party. d. It helps avoid interviewer biases in the process of collecting necessary data.

Miranda owns a $156,000 condominium, owes her $5,600 car free and clear, $5,000 in a savings account, $15,000 in a 401k, $7,200 in a mutual fund, and $2,500 in personal property. She owes $110,000 on her mortgage, $18,000 in student loans, and $1,000 in credit card debt. What is her net worth?

A. $47,300 B. $62,300 C. $172,300 D. $191,300