User Account

All Pages

Determine the alternative that is economically best

Assignment Help Microeconomics
Reference no: EM13881657

For the cash flows shown, use an annual worth comparison and an interest rate of 10% per year. (a) Determine the alternative that is economically best.

(b) Determine the first cost required for each of the two alternatives not selected in ( a ) so that all alternatives are equally acceptable. Use a spreadsheet to answer this question.

 

X

Y

Z

First cost, $

90,000

400,000

650,000

Annual cost,

40,000

20,000

13,000

$ per year


Overhaul every

-

-

80,000

10 years, $


Salvage value, $

7,000

25,000

200,000

Life, years

3

10

Reference no: EM13881657

Questions Cloud

The factors responsible for differential survival of organis : Describe about the Factors responsible for differential survival of organisms and consequently their ability to reproduce and Make report of 900 words on Exploratory Activity on Bird Beak
Difference between behaving ethically and behaving legally : Are there any national or regional professional organizations that promote ethical behavior in chemical dependency counseling profession? Describe the difference between behaving ethically and behaving legally, and give an example
A real-world situation : 250-300 words Give an example of a real-world situation in which you would apply graphing and operating on conic sections. Describe a career where this would be important. Explain your answer.
Degrees of freedom exist for the system at equilibrium : Use the Gibbs phase rule to determine how many degrees of freedom exist for the system at equilibrium. State the meaning of your result in your own words.
Determine the alternative that is economically best : For the cash flows shown, use an annual worth comparison and an interest rate of 10% per year. (a) Determine the alternative that is economically best.
Find any matrix function a(t) : Find any matrix function A(t) such that the exponential function exp(integral from 0 to t fo A(x) ds) is not a matrix solution of the system x' = A(t)x. However, show that the given exponential formula is a solution in the scalar case (A(t) in R), an..
The company prepares its financial statements : The company prepares its financial statements in accordance with International Financial Reporting Standards.
Coordinate integration : Coordinate integration
Estimate the bulk density of the bag contents : Limestone (calcium carbonate) particles are stored in 50-L bags. The void fraction of the particulate matter is 0.30 (liter of void space per liter of total volume) and the specific gravity of solid calcium carbonate is 2.93. (a) Estimate the bulk..

Reviews

Write a Review

Microeconomics Questions & Answers

  The free rider problem

Question: Explain why the free rider problem makes it difficult for perfectly competitive markets to provide the Pareto efficient level of a public good.

  Failure of the super committee is good thing for economy

Some commentators have argued that the failure of the “Super committee” is good thing for the economy?  Do you agree?

  Case study analysis about optimum resource allocation

Case study analysis about optimum resource allocation: -  Why might you suspect (even without evidence) that the economy might not be able to produce all the schools and clinics the Ministers want? What constraints are there on an economy's productio..

  Fixed cost and vairiable cost

Questions:  :   Which of the following are likely to be fixed costs and which variable costs for a chocolate factory over the course of a month?  Explain your choice.

  Problem - total cost, average cost, marginal cost

Problem - Total Cost, Average Cost, Marginal Cost: -  Complete the following table of costs for a firm.  (Note: enter the figures in the  MC   column  between  outputs of  0 and 1, 1 and 2, 2 and 3, etc.)

  Oligopoly and demand curve problem

Problem based on Oligopoly and demand curve,  Draw and explain the demand curve facing each firm, and given this demand curve, does this mean that firms in the jeans industry do or do not compete against one another?

  Impact of external costs on resource allocation

Explain the impact of external costs and external benefits on resource allocation;  Why are public goods not produced in sufficient quantities by private markets?  Which of the following are examples of public goods (or services)? Delete the incorrec..

  Shifts in demand and movements along the demand curve

Describe the differences between shifts in demand and movements along the demand curve. What are the main factors which can shift the demand curve? Explain why they cause the demand curve to shift. Use examples and draw graphs to support your discuss..

  Article review question

Article Review Question: Read the following excerpts from the article "Fruit, veg costs surge' by Todd, Dagwell, published in the Herald on January 25th 2011 and answer questions below:

  Long-term growth, international trade & globalization

Long-term Growth, International Trade & Globalization:- This question deals with concepts such as long-term growth, international trade and globalization. Questions related to trade deficit, trade surplus, gains from trade, an international trade sce..

  European monetary union (emu) in crisis

"Does the economic bailout of Spain and Greece spell the beginning of the end for the European Monetary Union (EMU)?"

  Development game “settlers of catan”

Read the rules of the game, the overview and the almanac for the Development Game "Settlers of Catan"

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd