How much is the opportunity cost of your machine

Assignment Help Business Economics

Reference no: EM131109475

Assume a few years ago you have bought a machine for your company for $25,000. Now it can be sold on the open market for $5,000 and its current BV is $12,000. How much is the opportunity cost of your machine?

Reference no: EM131109475

Questions Cloud

How many of you are familiar with the term rent seeking : How many of you are familiar with the term 'rent seeking'? This is when a company, organization or individual uses THEIR own resources to obtain an economic gain from others without reciprocating any benefits back to society through wealth creation. ..

Present value of each of these income streams : You’re 20 years old, and you’re trying to decide which career path to take based on the future expected streams of income. Occupation A has you earning $15,000 for 5 years, then $25,000 for then next 30 years. Write out a formula to calculate the pre..

Anticipated increase in the money supply growth rate : “The Phillips curve and the aggregate supply curve are two sides of the same coin.” (Mankiw P. 406, 8th Edition). Suppose the natural rate of unemployment is 6% and the expected rate of inflation is 5%. On a single graph, draw the short-run and long-..

Find suitable employment in the private sector : Examine critically this statement: "Unemployment in the United States can be resolved quickly and efficiently. The government should simply provide jobs for everyone who wants to work who cannot find suitable employment in the private sector."

How much is the opportunity cost of your machine : Assume a few years ago you have bought a machine for your company for $25,000. Now it can be sold on the open market for $5,000 and its current BV is $12,000. How much is the opportunity cost of your machine?

Explain why a peg is useful for reducing inflation : Argentina pegged its currency in 1991. Explain why a peg is useful for reducing inflation. Explain

Alternative rule for monetary policy : Which of the following is NOT an alternative rule for monetary policy?

Environmental repercussions are ethically acceptable : Research BP Oil Spill & Blue Jean Waste online. After researching, please tell me if you feel that if a company is doing enough “good” for the local economy, that pollution and environmental repercussions are ethically acceptable. Please list the url..

Marginal revenue-total cost and marginal cost functions : Suppose that Clear Vision, Inc., a cable television carrier, has the demand, marginal revenue, total cost and marginal cost functions given below: where Q = the number of cable subscribers and P = the price of basic monthly cable service. If you are ..

User Account

All Pages