Determine the marginal cost to extend service

Assignment Help Microeconomics
Reference no: EM132165645

Question - A machine that has been used for 1 year has a salvage value of $10,000 now, which will drop by $2000 per year. The maintenance costs for the next 4 years are $1250, $1450, $1750, and $2250. Determine the marginal cost to extend service for each of the next 4 years if the MARR is 8%.

Reference no: EM132165645

Questions Cloud

Analyse the existing strengths and weaknesses of a business : Why do you think it is important to analyse the existing strengths and weaknesses of a business before taking strategic decisions?
Describe a current news story : Describe a current news story/event which demonstrates one of the First Amendment or other speech issues.
Determine the marginal cost to extend service : Determine the marginal cost to extend service for each of the next 6 years if the MARR is 12%. If a new drill press has an EAC of $7000
Describe how you can apply the financial concepts : Describe how you can apply the financial concepts from the article to your current health care organization or a health care organization of your choice
Determine the marginal cost to extend service : A machine that has been used for 1 year has a salvage value of $10,000 now, Determine the marginal cost to extend service for each
How does orientation enhance employee work : Which best practices should operations managers follow? How does orientation enhance an employee's work?
Describe your experiences in an organization : Describe your experiences in an organization that saw either or both of these mindsets, and your perspective on working for that organization.
Examine the significant values of conducting an ethics audit : Examine the significant values of conducting an ethics audit in an organization. Select five (5) areas that you would focus on if you have to conduct an ethics.
Present in any healthcare information system today : Discuss key features and functionality that should be present in any healthcare information system today.

Reviews

Write a Review

Microeconomics Questions & Answers

  1 consider the production functionwhere q is total output k

1. consider the production functionwhere q is total output k is the amount of capital used and l is the amount of labor

  Explain why market outcomes are inefficient in the presence

Give two example of a negative externality and two examples of a positive externality Explain why market outcomes are inefficient in the presence of externalities.

  If everyone were to obtain music and video content for free

If everyone were to obtain music and video content for free from websites such as MySpace, instead of paying Universal, what would Universal’s producer surplus be from music sales? What are the implications for Universal’s incentive to produce music ..

  How to change any aspects of decision making

Sidney Featherstone of TIP, Inc. is owner and CEO of the company. He has made the company successful through his decision making over the years. This year he decided to retire to Costa Rica. He does not intend to change any aspects of decision mak..

  What is the opportunity cost of the additional food

Brazil produces ethanol from sugar, and the land used to grow sugar can be used to grow food crops. The table sets out Brazil's production possibilities.

  What factors besides income influence work decisions

Would you continue to work after winning a lottery prize of $50,000 a year for life? Would you change schools, jobs, or career objectives?

  Give a few rows and the relevant columns

Draw a picture of what the spreadsheet table containing the original data set used to construct the law school admissions grid looks like. Give a few rows and the relevant columns.

  When the discount rate is increased or decreased

When the discount rate is increased or decreased? Buying or selling government securities when conducting expansionary monetary policy?

  What are important objectives to consider in choosing a name

Suppose you want to go out for dinner. What are your fundamental objectives? Create a fundamental-objectives hierarchy.

  Estimate the total expenditure as present value

Three fans are to be installed at a mine site; one immediately at a price of $260,000, one in five years at an estimated cost of $310,000 and the third in eight years at a cost of $480,000. Find out the total expenditure as a present value if the ..

  Describes a complete individual business cycle

Statements best describes a complete individual business cycle - the period between the point at which output reaches a high and the point at which it reaches a low is called

  What can the government do to encourage purchase of hybrids

With higher gasoline prices, the U.S. government wants people to buy more hybrid cars that use much less gasoline. Unfortunately, hybrids are approximately.

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!

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