What is the maximum price you would be willing

Assignment Help Business Management
Reference no: EM132405853

Suppose that your business has an opportunity to buy a machine that produces widgets. The machine can produce 12,000 widgets per year that you can sell for a profit of $1.80 per widget. With proper maintenance, the machine can run indefinitely. You decide that your minimum annual rate of return for any investment is 15 percent.

What is the maximum price you would be willing to pay for the machine?

Reference no: EM132405853

Questions Cloud

What issues influence the role of Advanced Practice Nursing : What economic, organizational or quality improvement issues can influence the role of Advanced Practice Nursing? Why is important to keep these issues in mind
Contrast the concept of demand side inflation : Do you think supply side inflation causes stagflation? if so, how do you describe its consequences in the economy?
What are the aspects of professional behavior : Dispositions can also be described as attitudes and beliefs about counseling, as well as professional conduct and behavior. Not all dispositions can be.
Compute the elasticity coefficients for price : Compute the elasticity coefficients for price, advertising, income, and cross-price.
What is the maximum price you would be willing : What is the maximum price you would be willing to pay for the machine?
Do you think tax cuts for young households : As well, the young household is not allowed to borrow. Do you think tax cuts for young households will be more effective in this case?
How did the experience contribute toward your growth : Reflect on your readings about the importance of gaining knowledge about diverse groups. Consider an experience you have had in the past few weeks.
What to produce with limited resources : Examine subsidized college education by considering answers to the three basic economic questions:
How your culture perceives counseling : When discussing your culture, consider components of yourself such as race, ethnicity, religion, spiritual heritage, gender, sexual orientation, disabilities.

Reviews

Write a Review

Business Management Questions & Answers

  Draw a gantt chart that shows the completion times

In each case draw a Gantt chart that shows the completion times for all processes and determine the average turnaround time.

  What are the stages in the business process lifecycle

What is a business process? Give three examples. What are the stages in the business process lifecycle

  Manager in an organization is fundamental for employees

In business, understanding the role of the manager in an organization is fundamental for employees.

  Organization for economic cooperation and development

Using the South University online library, the Internet, and the data from the Organization for Economic Cooperation and Development (OECD), research comparative international work and compare the United States and Canada with respect to which cou..

  Ethical standards and responsibilities of organisations

Discuss with a corperate government theory, should be discussing issues relating to the ethical standards and responsibilities of organisations.

  Calculate the current ratio

1. Calculate the current ratio 2. Calculate the Debt to Equity ratio 3. Calculate the Return on Assets 4. Calculate the Return on Equity

  Computing device that is connect to a network

Discuss how an IPS/IDS can protect user information on a Windows system or any computing device that is connect to a network.

  How does project leader determine stakeholder reporting need

How does a project leader determine stakeholder reporting needs? What are the tools a project manager may use to control and manage project communications. What are some possible results of ineffective communication?

  Individual and group decision making

What are the advantages and disadvantages of each? Are there certain decisions that are better suited to individual decision-making?

  Example of learning how to manage conflict

Institutional Example of Learning How to Manage Conflict - Drawing from the totality of your prior experience and your learning, please address this leadership problem

  Compare the economies of india and china today

Chasing the dragon! Compare the economies of India and China today. What are their GDP per capita and their economic growth rates?

  What would be hennes and mauritz(h&m) brand proposition

What would be hennes and mauritz(H&M)  brand proposition and customer segment using value proposition canvas, empathy map and brand diamond for illustration

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