What is the economic life-injection melding machine

Assignment Help Microeconomics
Reference no: EM13694572

An injection melding machine has a first cost of $1,050,000 and a salvage value of $225,000 whenever the machine is sold. The yearly maintenance and operating costs are $235,000 with a gradient of $75,000. The MARR is 10%. What is the economic life? Please calculate by hand and then use EXCEL.

Reference no: EM13694572

Questions Cloud

Ignoring total factor productivity-what is total output : Assume the country of Fredonia has $500 of capital per worker and has a workforce of 20 million. Also assume that labor and capital split output evenly between themselves. Ignoring total factor productivity. What is output per worker? What is total o..
Random sample of teenagers asks how many minutes : A random sample of teenagers asks how many minutes per day they watch TV. There is a population variance of 625. The null hypothesis you want to test is H0 : µT V
Number of cars at which average cost is minimum : Michel's cost function for his car is C=y^2+16; where y is the number of cars that Michel can afford. Find the average cost and marginal cost functions. Find the number of cars at which average cost is minimum.
Existing machine be replaced with the new machine : A machine was installed 5 years ago. Its market value is now $15,000 and is expected to decline by 10%/year over the next five years. It is projected that this machine will be operational for another five years, after which time it will be scrapped (..
What is the economic life-injection melding machine : An injection melding machine has a first cost of $1,050,000 and a salvage value of $225,000 whenever the machine is sold. The yearly maintenance and operating costs are $235,000 with a gradient of $75,000. The MARR is 10%. What is the economic life? ..
Defend your argument using pertinent economic theory : Pretend that you are an editorialist, and write an editorial considering whether or not you believe that monopolies should be illegal and defend your argument using pertinent economic theory.
A random walk down on wall street : What are some of the tricks and pitfalls an investor should avoid as discussed in the book " A Random Walk Down on Wall Street"? Explain.
Why does burton malkiel favour index funds : Why does Burton Malkiel favour index funds? Explain the types of index funds he favors in the book a Random Walk down Wall Street
Is the demand for iphones price inelastic or elastic : If the price of gasoline doubled, how would consumption of (a) cars, (b) public transportation, and (c) in-theatre movies be affected? How quickly would these adjustments be made?

Reviews

Write a Review

Microeconomics Questions & Answers

  Presume that the market demand for cell phone service

Presume that the market demand for cell phone service is given by the following equation: Qd = 471 - 2P where Qd is the quantity of lines per month that people in the local area would be willing to purchase at a monthly price of P dollars. What is th..

  Why should a firm choose a global strategy

How might a country's regulatory environment impact a firm's international strategy?  3. How do the international strategies affect the trade-offs managers must make between local responsiveness and global efficiency?

  Bank profits-deposit liabilities

Bank Profits: Mbank has deposit liabilities of $50 million. It only keeps the minimum cash reserves required by law of 15%. Its annual costs (wages, rent, utilities, etc.) are $1.5 million. What is Mbank’s profit under the following circumstances?

  Define long-run cost minimization problem for firm

Determine the relationship between and returns to scale and obtain the long-run input demand functions and the total cost function.

  Illustrate how the strategies relate to model of online

conduct research online of the various strategies used for marketing products and services in the online environment

  Which are likely to be complements and which are likely

Travel by bus and travel by subway If the price of one of the goods increases, explain the effect on the quantity demanded of each of the goods. In each pair

  Explain are employees treated as commodities at marriott is

paul krugman an mit economist states at the heart of capitalisms inhumanity-and no sensible person will deny that the

  Develop the research hypothesis in the area of study which

create a research hypothesis in your area of study that would be answered using a chi square test of independence. list

  Long-run supply curve that slopes upward

Which of the following statements is true for a long-run supply curve that slopes upward? If total market output is increased unit costs of production increase if total market output is unchanged, unit costs of production increase. The total cost of ..

  Aticle analysisinstructionsread the article titled

article analysisinstructionsread the article titled christmas egg shortage expected after bird flu outbreak by jared

  Evolution of the price of gold and silver

This document shows the uses supply and demand model to explain the evolution of the price of gold and silver.

  State basic characteristics of pure competition pure

briefly state the basic characteristics of pure competition pure monopoly monopolistic competition and oligopoly. under

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