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Assignment Questions In the last decade, the phenomenon of sharing economy has gained increased popularity. A prime example of the sharing economy company is Airbnb - an online-based accommodation-sharing platform. Indeed, the rise of Airbnb has given the rise of a new group of smart entrepreneurs who are often known as "rentalpreneurs". Against this background, imagine that you own and occupy a 3-bedroom house in Auckland. You are thinking of earning some extra money by listing your 3"d bedroom on Airbnb. However, before pursuing this opportunity, you want to do some analysis first. Required: 1. Identify the fixed, variable, and mixed costs that you are likely to incur in the first year if you make your 3" bedroom available on Airbnb. Explain your reasons for categorizing those costs as fixed, variable, or mixed costs. (Note: You need to research how Airbnb works. Also, you need to put a hypothetical yet reasonable dollar ($) value for each cost item that you have identified.) 2. Decide on a price-per-night to charge for your 3" bedroom on Airbnb and explain how you have made this decision. 3. Determine how many nights your 3" bedroom must be booked to reach break-even during the first year. Describe the assumptions that underlie your analysis, and show your calculations. 4. What additional non-financial factors do you need to consider in order to make a fully informed decision about whether to list your 3'd bedroom on Airbnb or not? Explain your answers