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A company is considering new automated cleaning equipment. The engineer for the company has been asked to calculate the present worth of the proposed alternative. The initial cost of the machine is $78,000 and the annual saving that will be realized is $24,000. The annual operating cost will be $2,750, annual insurance is $2,200 paid at the beginning of the year, and it will need a scheduled maintenance performed at the end of the third year at a cost of $3,000. The market value at the end of the five year study period is 12.5% of the initial cost. If MARR = 8% what is the present worth of the investment?
A policy that results in a Pareto superior outcome will always satisfy the Kaldor-Hicks Criterion; however, it may not increase social welfare.
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Do you agree that the only way to raise equilibrium quantity is to raise supply and demand together? Why agree or why not agree?
discuss the differences between rigid and nonrigid containers. discussing the importance of load securing in
The primary gain from international trade is increased employment in the domestic-export sector. more goods than would be attainable through domestic production alone. tariff revenue. increased employment in the domestic-import sector.
Identify the part of the business cycle that is characterized by: The economy is at full employment. The growth rate of aggregate demand exceeds the growth rate of aggregate supply. Recession. Recovery and non-inflationary growth.
suppose that there are 2000 units of a non-renewable resource available over two periods. demand in each period is
America's Water Meter Industry is dominated through 4-companies: Rockwell, Badger, Neptune and Hersey. Rockwell has 35 percent market share, and the remaining share rest.
Compute the cross-price elasticity of demand between goods X and Y at the given prices. What is the own price elasticity of demand at these prices?
your company bright paints is one of a dozen companies manufacturing a special reflective paint used for traffic signs.
What quantity of hand sanitizer at what price will be sold in equilibrium?
Neither one buys anything and one buys nothing, one buys the bundle - Draw on the reservation prices provided in Question 6 and assume mixed bundling.
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