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Your first assignment as an engineering technology graduate from the University of Houston downtown is to recommend to management which of two equipment candidates should be selected. The two candidates have the following parameters (MARR = 15% per year): Candidate X: useful life of 8 years; estimated market value at end of life of $800; annual running expenses of $400; annual revenues produced of $1,600 and an initial installed cost of $4,500. Candidate Y: useful life of 10 years; estimated market value at end of life of $1,200; annual running expenses of $500; annual revenues produced of $1,850 and an initial installed cost of $6,000. (a) Given all the above factors, which candidate should be selected? (b) By how much would the estimated capital investment for the alternate candidate [the candidate not selected above in (a)] have to vary from your first decision in (a)? (c) All other factors being the same except the life of Candidate X, what would be the life of Candidate X if the decision is a tossup, that is, no one Candidate has an economic advantage over the other?
According to comparative advantage, in which industries would you recommend the country to specialize. Has the country specialized in your suggested industries.
when y converted their savings into deutsche marks, y flocked to Volkswagen dealerships. How can you explain this apparent paradox.
In 2012, Balnur taught music and earned $20,000. She also earned $4,000 by renting out her basement. On January 1, 2013, she quit teaching, stopped renting out her basement, and began to use it as the office for her new Web site design business.
Illustrate what are major arguments in case for income equality. Illustrate what are major arguments in case for income inequality.
Comput the following with an explanation how you arrived at each result. The Amount Consumers will spend on new consumption.
For the product is charging the most favorable price
Illustrate what impact might such a reduction in purchases of U.S. treasury securities have on the cost of short- also long-term financing.
Competitive free marketplaces maximize the utility of those who participate in them; they also maximize society's total utility.
Assume that the nation is not large enough to affect the world price. Illustrate the effects of a tariff on imports.
Determine the path followed by capital per worker and output per worker in the first 15 periods after z falls.
Evaluate why only the convexity of preference relation cannot guarantee that the indifference curve is strictly convex to the origin.
During much of the 19th century in Great Britain, independent auditors were not only allowed to have an equity interest in their customers but were needed to invest in their clients in certains circumstances.
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