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"Engineering Ecomony" Question
Assume that you have a company and need to evaluate two alternatives, an automatic machine (AM) and a manual machine (MM). Capital investment for these AM and MM are $23,000 and $8,000, respectively. The salvage values for AM and MM are $4,000 and $0, respectively. The AM has a predicted life of 10 years and only one employee will be required to operate this AM at a rate of $12 hourly. Estimated annual costs are $3,500 for the AM. Expected output from AM is 8 tons hourly.
On the other side, we need to have three employees to operate the MM at a rate of $8 hourly for each employee, and estimated useful life of MM is 5 years. Estimated annual costs are $1,500 for the MM. Expected output from MM is 6 tons hourly. If we assume that MARR is 10% yearly for AM and MM, what is the amount of output per year we need to have to choose the AM as the best alternative?
In the early 1980s, Michael Milken developed the low-grade bond (or junk bond) for corporate finance. Throughout the 1980s, these were used by firms to finance leveraged buyouts (purchasing a controlling interest in a company’s shares using money rai..
q1. consider the electoral competition model with three candidates we saw in lecture 3. extend the model to incorporate
Increase in demand and increase in supply will lead to?:
After wearing seat belts became malsoatory, drivers reacted by driving faster also less carefully. This is consistent with Illustrate what Principle of Economics.
We can see that aid to Africa has increased significantly over the last 40 years and that incomes in Africa have stagnated. Explain why these two facts do not constitute proof that aid is not effective in increasing incomes in Africa.
Suppose that people expect the Fed to hit its inflation target. A: Calculate the optimal money growth rate needed for the Fed to hit its inflation target in the long run.
In a small country each labor hour has a capital stock equal to 900 units. This year the country produced 20 units of new capital goods with the depreciation rate of 10% with the production function of why square root of K what is the growth rate
q.consider the following islm model for a closed economyc4000.4yd i2000.3y-2000i g360t400 mp4y-100000ims2600 10
Why does Apple tightly hold on to the development of iOS but outsources some of the design and all the manufacturing of iPhone handsets?
Discusses three different types of returns. Identify the item in the list below that is NOT one of those three types of returns.
Discuss one (1) recent price change that you have noticed while visiting your local supermarket. Determine whether or not the price change that you identified was a result of a change in either supply or demand.
Find the consumer's price index (CPI) for the last 50 years. Find the equivalent buying power in 2014 for an amount of $4000 in 1997?
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