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Ben is choosing between two different industrial fryers using an annual worth calculation. Fryer 1 has a five- year service life and a first cost of $ 400 000. It will generate net year- end savings of $ 128 000 per year. Fryer 2 has an eight-year service life and a first cost of $ 600 000. It will generate net year- end savings of $ 135 000 per year. If the salvage value is estimated using declining- balance depreciation with a 20 percent depreciation rate and the MARR is 12 percent, which fryer should Ben buy?
Alinsky, Rules for Radicals, pp. Oct. Models of Power CASE: What a Star-What a Jerk (Classpak #1). Case questions: - What, if anything, is Andys problem? - What, if anything, should Jane do about Andy?
Why would a firm in a perfectly competitive market always choose to set its price equal to the current market price? If a firm set its price below the current market price, what effect would this have on the market? Discuss.
Suppose Katie, Kendra, and Kristen each purchase a particular type of cell phone at a price of $80. Kate's willingness to pay was $100, Kendra's willingness to pay was $95, and Kristen's willingness to pay was $80. For the three individuals together,..
What are the phases of business cycle? What happens during prosperity? What happens during contraction phase? What is the difference between recession and depression?
Pete’s Pie Shop is a perfectly competitive firm. If the total output of pies in Pete’s Pie Shop increases from 20 per hour to 30 per hour as he hires the second worker, then. Every time Pete makes another pie in his shop, he uses $1.20 worth of pastr..
Gold cost $100 an ounce at the beginning of 1971. At the beginning of 2015, gold was $1200 per ounce. By what compound annual percentage rate has the price of gold increased over this period? State the answer as a percentage, to two decimal places.
A newspaper recently reported that the Chinese central bank has decided to reduce its reserve holdings of U.S. government bonds. What effect might these purchases have on the U.S. bond markets, the Chinese Balance of Payments, and currency valuations..
Chrysler announced a new incentive program on its minivans that included subsidized interest rates also cash allowances.
A market basket is made up of three goods, 10X, 12Y, and 18Z. The prices in the base year are $1.20, $2.10, and $3.25, respectively. The prices in the current year are $1.44, $2.23, and $3.88. What is the approximate consumer price index in the curre..
In the absence of regulation, firm 1 would emit 15 and firm 2 would emit 20. The firms have the following marginal control costs where q1 and q2 are the amount of emissions reduced by each firm. If instead an emission permit system was established, h..
Explain how much total pollution reduction will occur under proposal A and what be will the total compensation received by regions O and R.
Assume that a perfectly competitive, constant cost industry is in a long run equilibrium with 20 firms. Each firm is producing 70 units of output which it sells at the price of $18 per unit; out of this amount each firm is paying $2 tax per unit of t..
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