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Seven years ago a New Brunswick logging company purchased a used wood chipper for $170,600 for biomass and custom chipping. Operating and maintenance costs averaged $3,900 per year. A complete overhaul at the end of year 4 cost additional $11,000. Annual revenue from using the chipper was $38,000 per year. Calculate the annual worth of the chipper at 7% interest rate
(Note: Round your answer to 2 decimal places and do not use the $ sign in your answer)
In 1997 the Government of Ontario reformed that province’s welfare system. The reform reduced the amount of welfare payments to a person with no income, but also allowed welfare recipients to keep a larger part of their welfare payments if they did e..
A firm will charge it's customers two different prices for the same good when the quantity demanded is higher than quantity supplied; this firm's constraint exists when marginal cost equals marginal revenue during peak demand. If a firm has inelastic..
Clearly define “crowding out” and economic effects. Graphically illustrate the level of crowding out in an IS-LM model. Explain in detail how the interest elasticity of investment affects the level of crowding out. Be sure to explain why this is the ..
Use the market relates to vertically integrate as: "Upstream" relates to "downstream". "Transaction costs" relates to "agency" and "influence costs". c. "Buy" relates to "make".
q1. least degree of confidence in an economic generalization?q2. what is example of propaganda?q3. a. assume the
What would happen to the size of the cattle population if Americans decided to eat substantially less beef? Explain the logic underlying your answer. Does private ownership entitle the owners to do anything they want with their property? Why or why n..
That is it. I do not want any further explanation. Please do not use complete sentences. I just want to know Equilibrium Price UP or DOWN AND Equilibrium Quantity UP OR DOWN as described above. If the demand for Donuts decreases, what happens to the ..
Define and describe the three functions of money. Provide real-world examples of each of the three functions of money. Be sure these examples are related to either your personal or your workplace's experiences with money.
Consider the Kenyan market for lemons. The following graph shows the domestic demand and domestic supply curves for lemons in Kenya. Suppose Kenya's government currently does not allow international trade in lemons. Finally, use the purple point (dia..
Describe the following types of network attacks: denial of service (and DDoS), malformed packet attacks, flooding, sniffing, Ransomware
A study of the costs of electricity generation for a sample of 56 British firms in 1946-1947 yielded the following long-run cost functions: AVC= 1.24 + .0033Q +.0000029Q2- .000046QZ-.026Z +.00018Z2 where AVC = average variable cost (i.e. working cost..
In the equation of exchange, suppose V is stable (constant) with a value of 4, andthe money supply is $200 billion. What combinations of P and Y are possible? Identify about a dozen combinations, and plot them on a graph. Does your graphlook like an ..
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