A university spent 18 million to install solar panels atop

Assignment Help Microeconomics
Reference no: EM13379445

A university spent $1.8 million to install solar panels atop a parking garage. These panels will have a capacity of 500 kw, have a life expectancy of 20 years and suppose the discount rate is 10%.

a). If electricity can be purchased for costs of $0.10 per kwh, how many hours per year will the solar panels have to operate to make this project break even?

b). If efficient systems operate for 2,400 hours per year, would the project break even?

c). The university is seeking a grant to cover capital costs. How big of a grant would make this project worthwhile (to the university)?

Reference no: EM13379445

Questions Cloud

A company is currently operating at 60 of its capacity : a company is currently operating at 60 of its capacity producing 36000 units during the year 2009 at the following cost
A company is currently operating at 75 of its capacity : a company is currently operating at 75 of its capacity producing 60000 units during the year 2009 at the following cost
If you borrow 3000 and pay back 3410 after 15 yearsa what : if you borrow 3000 and pay back 3410 after 1.5 yearsa what is the interest rate charged if the payment period is 1.5
Marginal propensity 063 - 076what is expenditure : marginal propensity 0.63 - 0.76what is expenditure multiplier?wil increase from to and if multiplier increases
A university spent 18 million to install solar panels atop : a university spent 1.8 million to install solar panels atop a parking garage. these panels will have a capacity of 500
An excise tax may be imposed on a commodity in order to : an excise tax may be imposed on a commodity in order to raise revenue for the government or in order to reduce the
The table shows the miaximum amount of money you would be : the table shows the miaximum amount of money you would be willing to pay for increasing numbers of chicken pieces at
Assume that all wages and prices are completely and : assume that all wages and prices are completely and immediately flexible. if the growth rate of the money supply is 5
Develop a regression equation using any data use the : develop a regression equation using any data. use the regression equation to focus the demand for the product you chose

Reviews

Write a Review

Microeconomics Questions & Answers

  A examine your y data excluding the hold out period to

a examine your y data excluding the hold out period to determine if it needs to be differenced to make it stationary.

  Why money supply might not expand to maximum possible extent

The money multiplier process gives us an idea of the maximum possible expansion in the economy's money supply. Can you think of a reason why the money supply might not expand to the maximum possible extent Think of some of the events that have occ..

  Bargaining outcomes and individual preferencesplease

bargaining outcomes and individual preferencesplease respond to the followingbullbargaining outcomes in a

  What money supply should the bank of canada set next year

Suppose that velocity is constant and the economy's output of goods and services rises by 5 percent each year. What will happen to nominal GDP and the price level next year if the bank of Canada keeps the money supply constant

  To determine how many resources the firm will employ

When you are given the units of resource, total product, and marginal product. what do you need to find to determine how many resources the firm will employ.

  1 suppose the interest rate for a one-period bond is 4a

1. suppose the interest rate for a one-period bond is 4.a what is the price of an asset paying 111whichmeans 1 after 1

  Determine macroeconomic policy

Kenya is a state that is a part of the African Nation. Talk about the exchange rates and their money supply. Also write about whether or not Kenya has a promising future.

  Relationship between ap and mp

Explain the relationship between AP and MP. Be sure to use graphs to help support your answer. Calculate the MP and the AP for each worker

  How did this likely affect labours share in national income

Does an increase in the average annual labour income imply that the individual worker's labour income has increased and

  Short term frame impact on long term frame

The SEC regulations require u.s. corporations to publish operating results on a quarterly basis. How does this short term time frame impact long term profit maximization?

  Monopoly behavior and government intervention

Discuss are a good thing since they transfer resources from lower rated to higher rated activities thereby helping to maximize society's happiness?

  Why the material prices are not expected to go up

Westside Plumbing and Heating Company is offered a contract for $100,000 to provide plumbing for a new building. The labor and equipment costs are calculated to be $60,000 for fulfilling the contract.

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