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A mechanical engineer must recommend a new heating system to a commercial building owner. The owner intends to sell the building in 15 years. A gas fired furnace option has a design life of 5 years, an initial cost of $11,000, a replacement cost of $6,000 and annual operating costs of $3,500, but adds no value to the building when sold. A geothermal heat pump system has a design life of 10 years, an initial cost of $17,000, a replacement cost of $8,000, annual operating costs of $2,500, and increases the value of the building by $3,000, when it is sold at the end of year 15. Determine the equivalent uniform annual cost (EUAC) of costs for the option the engineer should recommend at an interest rate of 4.3%. Express your answer in $ to the nearest $10.
Discuss your overall perceptions of the English Composition course thus far. Describe the course concepts that either have seemed familiar or have confused to you. Determine the one (1) or two (2) specific concepts that you would you like explore fur..
Carefully explain the concept of the reaction function in duopoly analysis.
If a company gets rid of a coupon does this shift the demand curve or just move a point on the demand curve.
Define monopolistic competition. How is monopolistic competition similar to monopoly? How is monopolistic competition similar to perfect competition?
When Ajax co. Produced 3 units of output per week, its total fixed cost was $100 and total variable cost was $45. When output increased to 4 units per week, total fixed cost remained at $100 and total variable cost increased to $65.
A credit card company wants your business. If you accept their offer and use their card, they will deposit 1% of your monetary transactions into a savings account that will earn a guaranteed 5% per year. If your annual transactions total an average o..
Substantive responses use theory, research, and experience or examples to support ideas and further the class knowledge on the discussion topic.
Define the differences and/or similarities between the latent theory and the trajectory theory. Which one do you feel better defines why individuals commit crimes?
Draw the average and marginal revenue curves and the average and marginal cost curves. What are the monopolist’s prot-maximizing price and quantity? What is the resulting prot? Calculate the firm’s degree of monopoly power using the Lerner index.
How does lower and middle management decision management differ from upper-management in terms of basic economics.
What lessons can we learn from the Chad-Cameroon Oil Pipeline and the Lesotho Highlands Water projects? What corrective measures should be taken?
Labor force = number of employed. Labor force = population - number of unemployed. Unemployment Rate = number of unemployed ÷ (number of employed + number of unemployed) X 100.
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