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JulsSmile [24]
3 years ago
8

The interval at which an asset should be replaced to minimize cost (or maximize worth) is known as the: ________

Business
1 answer:
madam [21]3 years ago
3 0

Answer:

c. Optimum replacement interval (ORI)

Explanation:

Optimum replacement interval used to estimate the most cost effective time to replace an asset on the basis of their replacement cost.

There needs to be a balance between the replacement cost and the value that is being lost by changing the asset.

The useful value must be low to justify replacement cost.

For example if the cost of maintaining a machine has increased a lot as a result of wear and tear, it will be more cost effective to make a replacement in order to minimise cost and increase efficiency

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Suppose that demand for a product is Q = 1200 − 4P and supply is Q = −240 + 2P. Furthermore, suppose that the marginal external
eimsori [14]

Answer: 16 units more than social optimum.

DWL = dead weight loss = (1/2)*(Q* - Q°) 12 =96

Explanation:

Q=1200 - 4P and Q=-240 + 2P

In a free market quantity demand =quantity supplied

1200 -4P = -240 +2P

P =240

Sub P

Q* = 240

Socially optimal quantity is

Marginal social benefit (MSC)= marginal social cost(MSC), including external damage =MEC

MPC= marginal private cost =inverse of supply function

MPC = (1/2)*Q + 120

MEC=12

MSC =(MPC +MEC) = (1/2)Q +120 +12

MSC= MPB where MPB is marginal private benefit = inverse of demand functn

MPB = 300 -(1/4)Q

(1/2)Q + 132 =300 - (1/4)Q

Q° = 224

Difference btw Q* & Q° = 16 units more than social optimum.

DWL = dead weight loss = (1/2)*(Q* - Q°) 12 =96

4 0
3 years ago
Which of the following was not used in support of the continental drift hypothesis?
Wewaii [24]
Alfred Wegener was the scientist who proposed the Continental Drift Theory in the early twentieth century. Simply put, his hypothesis proposed that the continents had once been joined, and over time had drifted apart. I hope my answer has come to your help. God bless and have a nice day ahead!
3 0
3 years ago
Read 2 more answers
Do all choices have costs?
expeople1 [14]
For every choice you make, you are sacrificing something else. For example, when you choose to buy a new phone, you are sacrificing buying a new laptop. The opportunity cost of buying the phone, is the cost of the laptop. Therefore, evey choice has a cost, because in every choice, there is a sacrifice
5 0
3 years ago
Jenny is a sales manager who is preparing a performance review about one of her employees. The employee hasn’t been achieving hi
kiruha [24]

Answer:

Question 1) Tone

Question 2) Respectful

Explanation:

3 0
3 years ago
Barney heads the finance team of Neon Inc. Some of his team members display very low levels of readiness. He provides specific i
sattari [20]

Answer:

The correct option is (c)

Explanation:

A leader who displays directing leader style gives particular instructions to the subordinates and clearly defines roles and tasks assigned to them. He supervises the tasks performed by the subordinates.

The leader makes all decisions and communicate the same to the subordinates so it is a one-way communication as he does not seek feedback from the them.

Here, Barney displays directing leader style as he is more task oriented and not relationship oriented. He has clearly stated the tasks and deadlines to the subordinates.

3 0
3 years ago
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