Q: A man wishes his son to receive P 750,000.00 twelve years from now. What amount should he invest now…
A: Here, given information is: Future value (F): P 750,000.0 Interest rate (r): 13.5% Time period (n):…
Q: What distinguishes economic queuing from rationing
A: When people's needs are limitless, economics is the study of how to allocate scarce resources in the…
Q: If the price of sugar were to double, would you use less of it? Explain in terms of the determinants…
A: Meaning of Price Elasticity of Demand: The price elasticity of demand refers to the situation…
Q: Select all that are true regarding changes in markets changes in supply or changes in demand refer…
A: Demand is the willingness and ability of consumers to purchase a given amount of a good or service…
Q: If the number of employed workers fell to 150 million and the working-age population increased to…
A: Employment If a person worked for pay or profit during the survey reference week, they are deemed…
Q: e Bureau of Labor Statistics reports six alternative measures of the unemployment rate. A. U-3 is…
A: Unemployment rate is calculated by the government designated agency. The unemployment estimates are…
Q: Q4 Michael spends all of his money on yams and pudding. His utility function is y-5 2p-5, MU, Op O…
A: Michael's utility function U=p0.5y0.5 Marginal utility of good pudding MUp=y0.52p0.5 Marginal…
Q: The relationship between fiscal and monetary policies, referring to the nature of the financial…
A: The government uses fiscal policies as tools to ensure a healthy market by preventing recession and…
Q: How much must be deposited today into an account earning 4% interest annually to support an annual…
A: In perpetuity cash flow, the present value is calculated as P=Ai Where A is periodically…
Q: 4. According to the Solow growth model, what kinds of public policies should governments of…
A: The Solow-Swan model or exogenous development model is an economic model of long-run financial…
Q: Sketch a correctly labeled graph of demand showing the effect of an increase in the number of…
A: Demand simply refers to a consumer's willingness to pay the price for goods and services without…
Q: If Real GDP in the previous period was $15,840 billion, the economic growth rate is ________% in the…
A: In contrast to the nominal GDP growth rate, the real economic growth rate adjusts for inflation when…
Q: 7. The Grip of Gas U.S. drivers are ranked as the least sensitive to changes in the price of…
A: "Price elasticity of demand for a commodity measures the responsiveness of change in demand of that…
Q: A consumer of two goods has indirect utility v(p,w) = 1/2 -1/2 √w + P₂ P₁ (a) Find the indirect…
A: Money Metric utility Both income and expenditure metrics will be the center of the research on…
Q: The table to the right shows the distribution of the population aged Suppose that among the 17.0…
A: The natural rate of unemployment is the bare minimum of unemployment that a strong and expanding…
Q: there C is total cost, F is fixed cost, c is a constant and ost, and average cost? Over what range…
A: Given information; C(q) = F + cq Where C is the total cost, F is fixed cost, c is constant, and q is…
Q: A firm borrows $2000 for 6 yr at 8%, to be repaid in a lump sum at the end of 6 yr. At the end of 6…
A: Unlike a payment that is divided up and made in installments, a lump sum payment is made all at…
Q: A consumer of two goods has indirect utility v(p, w) = -1/2 P₁ + P₂ (a) Find the indirect…
A: Indirect utility actually shows the combination between price of a good and income of a consumer…
Q: Suppose that work hours in New Zombie are 200 in year 1 and productivity is $8 per hour worked. What…
A: Productivity is a measure of how effectively commodities or services are produced. Productivity is…
Q: California-based Innovative Installers, Inc. provides a variety of corporate services related to…
A: Business ethics examines ethical principles and moral or ethical problems that can arise in a…
Q: The diagram to the right shows a market in which a price floor has been imposed. Identify the…
A: Price floor refers to the legal minimum price of the good that can be charged. A binding price…
Q: The unemployment rate that is typically reported in the media is O computed every three months O…
A: In economics the rate of unemployment rate refers to the percentage of the total labor force that is…
Q: pi=3q^2+45q-20 FC is 20, Demand fn is P=50-2Q. What is VC per unit in Q form?
A: Variable cost refers to the cost which changes with change in the level of output. The fixed cost…
Q: What are two criticisms in World Bank and two of its opportunities in the future?
A: Here, the two criticisms in World Bank are as following: By encouraging or compensating corrupt or…
Q: You are maxiimizing utility when :A)(MU of X)/(P of X) < (MU of Y)/(P of Y). B)(MU of X)/(P of X)…
A: By maximizing utility, the consumer will choose the good that has the highest marginal utility at…
Q: In the game theory diagram. Is it firstly okay that I use decimals? And what is the Nash equilibrium…
A: "In game theory, a payoff matrix is a matrix showing payoffs of each player's choices. It is useful…
Q: hat type of unemployment might older workers be more prone to experience? Explain how the…
A: Unemployment refers to the economic condition where a worker wants to work and capable but unable to…
Q: QUESTION 4 A-Marie sells her car for $4,000. She had bought it for $10,000. That transaction…
A: In the above question the income generated from this transaction will be equal to the net profit…
Q: Explain how such innovations as the Internet have affected the prevalence of information…
A: Note:- As per Bartleby guidelines, I have done only three questions at a time. Please repost rest…
Q: Use the graph input tool to help you answer the following questions. You will not be graded on any…
A: The intersection of the supply and demand curve gives the equilibrium in the economy. The…
Q: What is a characteristic of an unemployed person? An unemployed person _______.
A: Employed person refers to a person who was working full-time, at least 20 hours per week, for one or…
Q: In Japan, one worker can make 5 tons of rubber or 80 radios. In Malaysia, one worker can make 10…
A: The ideas of absolute advantage and comparative advantage are used to evaluate a country's…
Q: Determine the present equivalent value of $400 paid over a period of 7 years in each of this…
A: Present Equivalent value tells about the amount needed to produce a series of payments in the future…
Q: Consider a small open economy country that produces cars. The world price of cars is less than the…
A: In an economy, if the world price is less than the autarky price, consumers have an incentive to…
Q: The owner of a company plans to expand his firm 6 years from now so he plans to make quarterly…
A: Future vale is the compounded value of the money at a given interest rate during the given time…
Q: K The cost of a nation's market basket in the base year is $1,200, and the current year's price…
A: Price index measures the overall price level of market basket of goods and services.
Q: Which of the following statements is (are) CORRECT? An international bank with a presence in…
A: Banking: Banking is defined as the business of conducting economic activities such as accepting and…
Q: Suppose ABC Corp. spends $300,000 per year on some basic level of advertising, regardless of its…
A: Given Basic level of advertising which does not depend on revenue is (A0) $300,000 Now company…
Q: An inflation rate targeting rule
A: Introduction Inflation means an increase in the price of goods and services rise & decrease the…
Q: A decrease in price and an indeterminate change in quantity are consistent with a:
A: In order to assess if a market is in equilibrium or disequilibrium, we can graph the supply and…
Q: Suppose that New Zombie has adopted the framework used by the US Bureau of Labor Statistics to…
A: The labor force consists of a number of employed people and unemployed people who are looking for…
Q: 1. High concentrations of sulfur emitted by coal fired electricity plants are toxic for humans. They…
A: Note:- Dear learner you have posted a questions with multiple sub parts, here we have solved only…
Q: Suppose in 2019, the cost of a market basket of goods was $1,995. In 2021, the cost of the same…
A: In 2019 Cost of a market basket of goods = 1995 In 2021 Cost of a market basket of goods = 2119
Q: A student has money given by his grandfather in the amount of P67,000. How much money in the form of…
A: The formula to calculate the amount if the principal is deposited for n years at r% compounded…
Q: An electromechanical machine manufacturer has a demand function for his machines: P(q) = 5,500 -…
A: Profit depends on the equation profit = Total revenue - Total cost. As a result, a company optimizes…
Q: David works in a clothing factory. Currently, his firm pays him $40 per hour and he works 35 hours…
A: Given the following information: Firm pays wage = $40 per hourNumber of hours work = 35…
Q: Suppose a new miracle pill is discovered that increases both the marginal health effects of health…
A: The Production possibility frontier is defined as the curve representing combination of two…
Q: (Figure: The Market for Ford Mustangs) Price (thousands) P, 30 P₂ 20 (A) .60 Quantity (thousands)…
A: Price elasticity of demand measures the responsiveness in quantity demanded of a commodity to a…
Q: Importance of price elasticity
A: Price elasticity measures how responsive a good's supply and demand are to price changes. It is…
Q: Classify the following goods as normal or inferior and provide a justification. (It might be…
A: Introduction Normal goods are the goods which have positive income effect. In case of normal goods,…
![Legend:
Cc - Capitalized Cost (Currency)
Fc - First Cost (Currency)
Mc - maintenance Cost (Currency)
Rc - Replacement Cost (Currency); if no Re: Re Fe
Sy- Salvage Value (Curency); if no Sy: Sy = 0
A - Periodic Amount (Currency)
F-Future Value (Currency)
G - Periodic Amount Increment Amount (Currency)
P - Present Value (Currency)
g - Periodic Amount Increment Rate (Persentage)
i-Nominal Interest Rate (Percent)
m - Number of Periods per Year (Number)
r - Effective Interest Rate (Percent)
t-Number of Years (Number)
Formulae:
Compounding Transformation (i, (m₂)→ 1₂ (m₂)): (1 + ) = (1 +)**
Perpetuity (t=00):
Ordinary Annuity (Payment at End of Period):
P=A1-(1+1)-²)
Arithmetic Gradient:
Geometric Gradient:
Capitalized Cost:
n = mt
Annuity Due (Payment at Beginning of Period):
r=-
m
F = P(1+r)"
P = F(1+r)-R
F=A
F=A
= A ((1+r)^²-1)
F=
P=A (1-(1+r)^)(1+r)
= A (¹ + r)² - 1) (1 + r)
T
FA[(1+r)-1]G[-nr + (1+r)" - 1]
T
r2
A[(1+r)"-(1+g)"]
T-9
Rc-Sv
Cc=Fc++ (1+r)"-1
A = Cer](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F7053b554-3a97-4d68-beed-d147b9a2b76e%2F26d3ef00-daf8-4a31-a9e5-d86f3052acbc%2Fbgwrbnm_processed.jpeg&w=3840&q=75)
Step by step
Solved in 2 steps
- A company planning to manufacture Webcams has to decide on the location of the production facility. Three location are being considered A, B and C. the fixed costs at the three locations are estimated to be $40000, $65000, and $32000 per year respectively. The variable costs are $4, $2.5 and $4.5 per unit, selling price in three location is $110, $180 and $90 respectively. Maximum capacity is 12000 unit/year in A, 19500 unit/year in B and 9600 unit/year in C. Find the following below: 1- Break- Even quantity in three location2- Profit or loss in location A when quantity is 400 and 300 3- Profit or loss in location B when quantity is 350 and 450 4- Profit or loss in location C when quantity is 425 and 325 5- Maximum revenues in A, B and C6- Range of profit at Demand in A, B and C Sketch the Break – Even chart each three locationEconomic Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Do not provide Excel Screet shot rather use tool table accuracy of answer is mustA contract of sale under CIF port of Okinawa, Incoterm 2020, was entered between a seller based in Vietnam and a buyer in Japan, for the sale of 500 tons of coffee. The goods were transported and unloaded at the port and kept at customs shed for inspection and payment of duties. The buyer was notified of the arrival of the merchandise and its location. Before the buyer picked up the goods, the customs shed (including the merchandise in it) was destroyed by fire. The buyer claims refund of the purchase price stating that she did not receive the goods. Is the seller responsible?
- Plan A (Depreciation 3422 ; total anual cost 23922) Plan B (Depreciation 4277 ; total anual cost 22857) Plan C (Depreciation 7071; total anual cost 24, 891) Plan D (Depreciation 7413; total anual cost 22533) All I need is a solution for the question. Our subject is engineering economics and the lesson is economic study methodThree attributes are first cost, safety, and environmental concerns. Assigned importance scores are 100, 75, and 50, respectively. The weight for environmental concerns is closest to: (a) 0.44 (b) 0.33 (c) 0.22 (d) 0.11Contour crafting was invented by a creative genius engineer whose idea was originally focused on constructing molds for industrial parts. He later expanded his thinking to rapid home and building construction to help during storm recovery. Think of it as 3-D printing of a home where electrical, plumbing, utilities, custom electronics, and such are installed as the home is "printed" layer by layer and potentially in one day. Precision computer-controlled near-concrete material is applied layer by layer by an apparatus with material feed, various controls for shaping in three dimensions, electronic connections, and for larger applications it uses lattice-like tower elements for support and control of the configuration. Consider a "CC Apparatus" of the appropriate size for contour crafting an industrial building. The initial cost is $215,000 and may be sold in year t for 0.6^t of the original price. Operating costs are $65,000 the 1st year, increasing by 6% per year. Due to the continual…
- Inventoriable costs versus period costs. Each of the following cost items pertains to one of these companies: Best Buy (a merchandising-sector company) KitchenAid (a manufacturing-sector company) HughesNet (a service-sector company): A. Cost of phones and computers available for sale in Best Buy’s electronics department B. Electricity used to provide lighting for assembly-line workers at a KitchenAid manufacturing plant C. Depreciation on HughesNet satellite equipment used to provide its services D. Electricity used to provide lighting for Best Buy’s store aisles E. Wages for personnel responsible for quality testing of the KitchenAid products during the assembly process F. Salaries of Best Buy’s marketing personnel planning local-newspaper advertising campaigns G. Perrier mineral water purchased by HughesNet for consumption by its software engineers H. Salaries of HughesNet area sales managers I. Depreciation on vehicles used to transport KitchenAid products to retail stores 1.…3. Company A has fixed expenses of Php 15, 000 per year and reach unit of product has a Php0.002 variable cost.Company B has fixed expenses of Php5,000 per year and can produce the same product at a Php0.05 variable cost. At what number of units of annual production will Company A has the same total cost as Company B ?FEMA (Federal Emergency Management Agency) has ordered 25 specialized test units capable of field checking 15 separate elements in potable water inemergency situations. Thompson Water Works, Inc., the contractor, took 200hours to build the first unit. If direct and indirect labor costs average $50 perhour, and an 80% learning rate is assumed, estimate (a) the time needed to complete units 5 and 25, and (b) the total labor cost for the 25 units.
- The Helstrom Corp. is a subcontractor in field operations to Boeing Company, manufacturer of the F18 Super Hornet multiple strike fighter aircraft. Helstrom is about to purchase diagnostics equipment to test on-board electronics systems. Estimates are: First cost $8,000,000 Annual operating cost $100,000…Using an Engineering Economics FormulaCompany E manufactures regulators at a labor cost of $90 per unit and material cost of $300 per unit. The fixed charges on the business are $15,000 per month and the variable costs are $20 per unit per month. If the regulators are sold to retailers at $600 each, how many units must be produced and sold per month to breakeven?