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An electric motor is rated at 10 horsepower (HP) and costs $800. Its full load efficiency is specified to be 85%. A 10 HP high-efficiency motor has an efficiency of 90%, and costs $1, 200. It is estimated that the motors will operate at a rated 10 HP output for 1, 500 hours a year, and the cost of energy will be $0.07 per kilowatt-hour. Each motor is expected to have a 15-year life. At the end of 15 years, the first motor will have a salvage value of $50 and the second motor will have a salvage value of $100. Consider the hurdle rate to be 8%. Using a present worth method, determine which motor should be installed. Show- all work.
How to calculate the elasticity coefficient between each of the seven prices and indicate whether the character of demand is Elastic.
Define national income as total income of all capitalists in a country plus total income of all workers (including immigrant workers) in the same country. Per capita income is defined as national income as defined above divided by all people in the c..
What is the combined consumer surplus for the customers who buy the Porsche Spyders when the market price is $835,000?
The story of entitlements such as health care and welfare payments to the elderly in the US is pretty ----. This is partly because these payments form---part of the government budget and they are----
Firms in the market for soccer balls are selling in a purely competitive market. A firm in the soccer ball market has an output of 5,000 balls, which it sells for $10 each. At the output level of 5,000 the average variable cost is $6.00, the average ..
A country has national saving of $80 billion, government expenditures of $40 billion, domestic investment of $60 billion, and net capital outflow of $20 billion. What is its demand for loanable funds?
What is the difference between the rate of return between dollar and euro deposits? Is the prevailing exchange rate at an equilibrium level?
Assume a firm produces 500 units of a good by using two inputs, capital and labor, whose per unit prices are $10 and $4. Assume also that the marginal physical product of the last unit of capital is 30 and the marginal physical product of the last un..
Assume two power plants release Sulfur Dioxide (SO2) in Athens, GA. A1 is the abatement in firm1 and A2 is the abatement in firm 2. Please calculate the total costs and marginal costs of abatement for both firms under a uniform allocation approach. U..
Compute the equilibrium quantity and price and Calculate the consumer and producer surplus.
Examine geographic and economic factors that affect the business environment of China when introducing Agricultural products in that country. Can i have some details about this topic?
q. consider a market where demand is p10-2q and supply is pq2. there is a consumption positive externality of 2.5unit
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