By being friendly and decent
Cost of machine = $1,000
=
= $1,492.11
)=
= $75.13
Total NPV = -1000+1492.11+75.13 = $567.24 ≈ $567
For creating dynamic documents using R, there is a file format called Markdown. To save, arrange, and document code, utilise R Markdown documents.
Dynamic documents are those that include both text and a programming language's output in a format that updates the output whenever the code is run. Because the code and the results are well-documented, using dynamic documents significantly increases research transparency. The last ten years have seen terrible digital documents. In their static form, there is always a chance that version control will be lost, or even worse, the document will be saved somewhere and forgotten.
For formatting text using a plain-text editor, Markdown is a simple markup language. As a markup language that is appealing to human readers in its source code form, Markdown was developed by John Gruber and Aaron Swartz in 2004. Markdown is frequently used in documentation pages, readme files, online forums, instant messaging, blogging, and instant messaging.
learn more about Markdown here
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Answer:
sunk cost.
Explanation:
Sunk cost can be defined as a cost or an amount of money that has been spent on something in the past and as such cannot be recovered. Thus, because a sunk cost has been incurred by an individual or organization it can't be recovered and as such it is irrelevant in the decision-making process such as investments, projects etc.
Basically, sunk costs are referred to as fixed costs.
Sunk costs are the opposite of relevant costs because they can't be changed or recovered, as they've been spent or contracted in the past already. Hence, relevant cost are relevant for decision-making purposes but not sunk costs.
Hence, a cost incurred in the past that is not relevant to any current decision is classified as a sunk cost.
For example, ABC investors decide to acquire land and develop residential houses at a location X. This decision is informed on the fact that the government had recently enacted a policy that led to an increase in demand for residential properties in that location. 6 months into construction of the residential houses, the government reviews and rescinds the policy. This leads to a sharp decline in property values in location X. ABC investors had already incurred 10 million dollars in the project. The 10 million dollars is considered sunk cost.
Answer and Explanation:
Forecast error is a difference between Estimated data and real data, here Estimated data is referred to as forecast data.
According to rational expectations principles, expected forecast error's average always near to be zero.
Expected forecast error may be forecast or predict in future.
So, Expected forecast error will be zero (0%)
