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Two machines are under consideration for a new production line. Machine X costs $50,000 and is expected to have a salvage value of $6500 at the end of its useful life of 5 years. It will have a fixed cost of $16,000 per year and a variable cost of $55 per unit per year. On the other hand, machine Y costs $55,000 and is expected to have a salvage value of $7000 at the end of its useful life of 7 years. It will have a fixed cost of $14,500 per year and a variable cost of $58 per unit per year. Determine the quantity that must be produced for the two machines to break even at an interest rate of 3% per year.
identify and describe in detail the four vital functions of money in detail. give real world examples of each of them.
the federal government is planning a hydroelectic project cor a river basin. in addition to producing electric power
illustrate the following with supply and demand curves. for each include 1-3 sentences explaining your graph. for full
a statewide sample survey is to be made. first, the state is subdivided into countries. Seven countries are selected at random and further sampling is concentrated on these seven countries.
theme the eu and turkey scenarios to 2050 general guidelinesa. the eu and turkey can be seen in their long-term
Which of the following events will tend to increase net exports of the United States?
define performance appraisal and explain the areas in which performance data and information are used for making
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a.What happens to the reserves of the bank b.What happens to the money supply in the economy as a whole if the reserve requirement is 10%, all payments are made by check, and there is no net drain into currency
1. production possibilities frontier.a sketch a production possibilities curve not a straight line with consumer goods
there are 2 brands of cell phones that are almost identical except for some minor features the a-phone and the
Write the expression for this firm's Total Revenue and write the expression for this firm's marginal revenue - what is the profit maximizing (or loss minimizing) level of output
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