How much would have to be saved in energy expenses per year

Assignment Help Microeconomics
Reference no: EM131505943

Question: An environmentally friendly green home (99% air tight) costs about 8% more to construct than a conventional home. Most green homes can save 15% per year on energy expenses to heat and cool the dwelling. For a $250,000 conventional home, how much would have to be saved in energy expenses per year when the life of the home is 30 years and the interest rate is 10% per year? Assume the additional cost of a green home has no value at the end of 30 years.

Reference no: EM131505943

Questions Cloud

What is your opinion about learning experience : Evaluate the effectiveness and your usefulness of the learning experience. What is your opinion about learning experience? What is the value of this experience
Determine the total resistance of the network : Determine the total resistance of the network. Determine the power delivered to each individual bulb (NOT THE SOURCE POWER).
What is annual capital recovery cost of your sistes purchase : Your sister just bought a new car having a sticker price (manufacturer's suggested retail price) of $36,000. She was crafty and was able to negotiate a sales.
Identify the steps associated with making decisions : Identify the steps associated with making decisions within in health care?How would you use negotiation models to resolve conflict in this situation?
How much would have to be saved in energy expenses per year : An environmentally friendly green home (99% air tight) costs about 8% more to construct than a conventional home. Most green homes can save 15% per year.
Discuss the implications of the findings : Explore a main topic in social psychology by reading current, empirical (research/ data-based) articles on the selected topic.
What is the minimum annual production level : Your company is considering the introduction of a new product line. The initial investment required for this project is $500,000, and annual maintenance.
How many months of ownership will be required : Stan Moneymaker has been informed of a major automobile manufacturer's plan to conserve on gasoline consumption through improved engine design.
Discussion of negligence and keiths personal liability : Confine to your answer to discussion of Negligence and Keith's personal liability. Confine your discussion of defences to that of contributory negligence

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!

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