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Question: You are considering the purchase of a new high-efficiency machine to replace older machines now. The new machine can replace four of the older machines, each with a current market value of $600. The new machine will cost $5000 and will save the equivalent of 10,000 kWh of electricity per year. After a period of 10 years, neither option (new or old) will have any market value. If you use a beforetax MARR of 25% and pay $0.075 per kilowatthour, would you replace the old machines today with the new one?
The consumer has an income of $24 per week. The price of a hamburger is $2 and the price of a milkshake is $1. How many milkshakes and hamburgers will he buy each week if he maximizes utility? Illustrate your answer on a graph.
Assume W = 10 000. Draw the aggregate expenditure function on a scale diagram along with 45°line. What is the equilibrium level of national income?
What market structure best describes the structure under which your organization operates? My organization is Education. Identify one challenge and one opportunity that arise from this and how the firm might use these for strategic advantage.
For each SKU, make a prediction about the effects of increasing price by $0.01 on sales. Does this result make sense? Which result are you most confident in
A comparative analysis of investment and trade performance between two selected Asian countries
support the macroeconomic forecast using the real and financial frameworks that irelands unemployment rate will remain
There are 40 identical firms in a perfectly competitive market. Each competitive firm has a cost function T C(q) = 32 + 2q 2 . The market demand is given by QD = 200 - 10p.
Find algebraic expressions for the total product of labor function TP(L), the average product of labor AP(L), and the marginal product of labor MP(L).
Provide an examples of how each industry practices price discrimination. What are the short and long term strategic reasons these industries employ tiered pricing.
we would like to determine if candidate 1 will win the upcoming mayor race. a randomly sampled poll shows candidate 1
Discuss the impact of the national debt on the American economy. Use principles and concepts you have learned in this macroeconomics class.
What is a store of value? What types of assets act as a store of value?
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