Answer:
Total cost of the machine = $23500
Explanation:
given data
Purchase price = $20,000
Freight expenses = $1,000
Installation = $2,000
Testing = $500
property tax = $400
solution
we get here Total cost of the machine that is express as
Total cost of the machine = purchase price + fright expenses + installation + testing .....................1
put here value and we get
Total cost of the machine = $20,000 + $1,000 + $2,000 + $500
solve it we get
Total cost of the machine = $23500
Answer:
A. Estimate the apartment rental demand curve assuming that it is linear and that price is expressed as a function of output.
the demand curve's slope = -10 / 1 = -10
demand curve = a - 10b
since all 100 units will be rented when p = $900
900 = a - 10(100)
900 = a - 1,000
1,900 = a
demand curve = 1,900 - 10b
B. Calculate the revenue-maximizing apartment rental rate. How much are these maximum revenues
we must first fin total revenue and then find hte derivative
total revenue = p x a
total revenue = (1,900 - 10a) x a
total revenue = 1,900a - 10a²
revenue maximizing quantity' = 1,900 - 20a
20a = 1,900
a = 95 apartments rented
price = 1,900 - (95 x 10) = $950
total revenue = $950 x 95 = $90,250
Answer:
They will initially increase their purchasing and stock up on the product
Explanation:
Tax cuts would increase the disposable income of the people. As a result of the tax cut, demand would increase and the demand curve would shift to the right.
If the tax on a good were increased, the good would be more expensive and consumers would find a substitute for the product and purchase that instead or will stop purchasing the product and wait until the price comes back down.
I hope my answer helps you
Answer:
b.1.08.
Explanation:
The computation of the present value index is shown below;
As we know that
Present Value Index = Present value of Net Cash Inflow ÷ Initial Cash outflow
where,
Initial investment = $420,000
And, the present value of net cash inflows are
Year Cash Flow (in $) PVF at 10% Present Value (in $)
1 180,000 0.909 163,620
2 120,000 0.826 99,120
3 100,000 0.751 75,100
4 90,000 0.683 61,470
5 90,000 0.621 55,890
TOTAL 455,200
So, the present value index is
= $455,200 ÷ $420,000
= 1.08
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