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3 years ago

An opportunity cost may be described as:

Business

1 answer:

otez555 [7]3 years ago

8 0

Opportunity Cost is also known as Economic Opportunity Loss and it is the highest value alternative forgone.

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The steam requirements of a manufacturing facility are being met by a boiler whose rated heat input is 5.5 × 106 Btu/h. The comb

e-lub [12.9K]

Solution:

Given Information,

Heat input is ( $Q_{in}$ ) = 5.5 × $10^{6}$ Btu/h

Combustion efficiency of the boiler ( $n_{furnance}$ ) = 0.7

Combustion efficiency after turn up ( $n_{furnance,now}$ ) = 0.8

Operation Hour (t) = 5200h

Unit cost (c) = $\frac{23 dollar}{10^{6}Btu }$

Calculate heat output from the boiler $Q_{out}$ = $Q_{in}$ x $n_{furnance}$

= 5.5 x $10^{6}$ x 0.7

= 3.85 x $10^{6}$ Btu/h

Calculate the heat input to the boiler after the tune-up

$(Q_{in} ){new}$ = $Q_{out}$ / $(n_{furnance} ){new}$

= 3.85 x $10^{6}$ / 0.8

= 4.8125 x $10^{6}$ Btu/h

Calculate the saved energy after the tune-up

$(Q_{in} ){saved}$ = $Q_{in}$ - $(Q_{in} ){new}$

= 5.5 x $10^{6}$ - 4.8125 x $10^{6}$ Btu/h

= 0.6875 x $10^{6}$ Btu/h

Calculate the annual energy saving ( $E_{Saving}$ )

$E_{Saving}$ = $(Q_{in} ){saved}$ x t

= ( 0.6875 x $10^{6}$ Btu/h ) ( 5200 hr/yr)

= 3575 x $10^{6}$ Btu/h

Calculate the annual cost saving

Annual cost saving = $E_{Annual saving}$ x Unit cost

= 3575 x $10^{6}$ Btu/h x $\frac{23 dollar}{10^{6}Btu }$

= 82225

4 0

3 years ago

Would giorno Giovanna be able to defeat jotaro kujo.....explain

Softa [21]

Answer:

None can beat Giorno but Jesus. Bc, he can prob use his powers to give himself the world over heaven. Giorno Giovanna of both the Brando and Joestar bloodlines is the protagonist of part 5 of Jojo's Bizarre Adventure, entitled Golden Wind. Jotaro Kujo may be the most popular JoJo to come out of JoJo's Bizarre Adventure, but he's hardly the strongest. That honor belongs to none other than Giorno Giovanna, the protagonist of Part 5 Vento Aureo, otherwise known as Golden Wind.

Explanation:

6 0

3 years ago

Read 2 more answers

Assume that an industry that began as a perfectly competitive industry becomes a monopoly. Compared to when the industry was per

Wittaler [7]

Answer:

Charge a higher price and produce less output

Explanation:

A monopolistic markets imeans that there is the absence of other suppliers of the same product or service, making them the sole market of the product or service. This can make them charge a premium to their customers. Consumers have no alternatives of options and are forced to pay the price for the goods dictated by the monopolist. ITherd is a tendency for the monopolist to make prices high high prices, it may not necessarily be a monopolistic behavior.

A monopolistic market can restricts output to raise the price leading to less production, which reduces total real social income.

5 0

3 years ago

Suppose that the MPC is 0.8 and that $18 trillion of real GDP is currently being demanded. The government wants to increase real

Bingel [31]

Answer: $200 billion

Explanation:

First find the government spending multiplier:

Multiplier = 1 / (1 - MPC)

= 1 / (1 - 0.8)

= 5

The government wants to increase the real GDP to $19 trillion from $18 trillion which means that they want to increase it by $1 trillion.

In order to increase it by $1 trillion, the amount the government needs to spend is:

Increase in real GDP = Multiplier * Government spending

1 trillion = 5 * Government spending

Government spending = 1 trillion / 5

= $200 billion

4 0

3 years ago

The debate over preemption between local self-governance and control by the state government echoes which of the following:

erma4kov [3.2K]

Debates between the state government and the federal government about which level of

5 0

3 years ago