What is the cost per piece produced

Assignment Help Business Economics
Reference no: EM13833390

You have a machine that costs $30,000 now and can be sold for $13,000 in year 4. The machine costs $12,000 each year to operate and the raw materials cost $10,000 each year. The machine produces 500 pieces each year. Using an interest rate of 7%, what is the cost per piece produced? Cost/Piece________________

Reference no: EM13833390

Questions Cloud

Final control lab : The SCR in Figure 1 below requires a 3 V trigger.  Using Multsim, design a system by which the gears are shifted when a CdS photocell resistance drops below 4k.
Calculate marginal revenue curves-develop demand schedules : A firm in an oligopolistic industry has identified two sets of demand curves. If the firm is the only one that changes prices (ie., other firms do not follow), its demand curve takes the form Q=82-8P. Calculate marginal revenue curves for each. Devel..
Promote lifelong harmonious social interaction : promote lifelong harmonious social interaction
What is the average fraction of gdp this amount consisted : Collect data on the monetary base in the U.S. What was the size of the monetary base in August of 2007? What about in August of 2009? If the inflation tax is the ?M and the monetary base is our measure of M, then how much revenue was raised from the ..
What is the cost per piece produced : You have a machine that costs $30,000 now and can be sold for $13,000 in year 4. The machine costs $12,000 each year to operate and the raw materials cost $10,000 each year. The machine produces 500 pieces each year. Using an interest rate of 7%, wha..
How does this add value and costs : Please select a brand and describe the marketing channel the brand will pass through on the way to the end user. How does this add value and costs?
Calculate the expected revenue-expected variable costs : Suppose the hotel in the lecture example raised its price from $30 to $30.50. With the new price, the hotel expects 96 guests to arrive 5% of the time, 97 guests 10% of the time, 98 guests 20% of the time, 99 guests 30% of the time, 100 guests 25% of..
How about convexity : Graphically show and verbally argue that a Walrasian equiblirium in an economy is Pareto efficient as long as preferences are locally non-satiated. How about convexity? ?s it important for this theorem to hold ?
Lending capacity on the banking system increase or decrease : If the Fed sells $20 million worth of government bonds to the public (open market sale), will the lending capacity on the banking system increase or decrease? By how much will the money supply change? Assume the required reserve ratio to be 0.1.

Reviews

Write a Review

Business Economics Questions & Answers

  What marketing recommendations would you make to mcc

What individual product decisions and product line decisions has MCC made for Smart Car. Why did it make these decisions. What marketing recommendations would you make to MCC.

  Illustrate what is the relationship among disposable income

Assume that a Swiss watchmaker imports watch components from Sweden and exports watches to the United States. Illustrate what is the relationship among disposable income and consumption expenditure.

  Alternative has a value for bill as described

Every alternative has a value for bill as described in the subsequent. Illustrate what is bill's prospect cost for attending class

  Countrys net international investment position

Which of the following factors is most likely to worsen (make more negative or less positive) a (home) country's net international investment position?

  The impossible trinity refers to the idea that a country

the impossible trinity refers to the idea that a country can simultaneously pursue only two of the three following

  Similar effect on real wages as free trade of goods

Consider again the 2 countries in the previous question. Suppose the U.S. and Mexico do not trade goods at all, but workers can move freely between them. Will free movement of labor have a similar effect on real wages as free trade of goods? Explain.

  What is the annual economic cost of jens business

The Cost of a Flower Business. Jen left a job paying $60,000 per year to start her own florist shop in a building she owns. The market value of the building is $80,000. She pays $40,000 per year for flowers and other supplies

  What is the opportunity cost of going back to college

suppose a student athlete has the opportunity to earn $800,000 next year playing basketball, $700,000 next year playing basketball or $0 going to college. what is the opportunity cost of going back to college

  Decrease cost profits by decreasing its number of customers

Billboards cost money to make and don't really seem to significantly benefit anyone other than billboard-makers. A company c putting up billboards presumably increases profits from the resulting increased number of customers, but don't competing busi..

  Explain the effect of a discretionary cut in taxes

Explain the effect of a discretionary cut in taxes of $40 billion on the economy when the economy’s marginal propensity to consume is .75. How does this discretionary fiscal policy differ from a discretionary increase in government spending of $40 bi..

  Which project offers larger net benefits

A town’s recreation department is trying to decide how to use a piece of land. One option is to put up basketball courts with an expected life of eight years. Another is to install a swimming pool with an expected life of 24 years.

  Cost to consumers and businesses

The best use of scarce resources paid for at the minimum level of cost to consumers and businesses

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