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What is the value of an asset after 8 years of use if it depreciates from its original value of 500, 000 to its salvage value of 1.5% in 10 years? (Use Straight Line Method)
A laboratory test machine costs 150, 000, lasts for 6 years and has a salvage value of 30, 000. How much could an investor afford to pay for another
machine of the same purpose, whose life is 10 years with a salvage value of 40,000, if money is worth 5%.
A fabrication company engaged in production of a motor part has a production capacity of 700, 000
pieces per year. But, it is just operating at 62% of its full capacity due to unavailability to finance the
importation of their materials. The company has an annual income of P 430, 000.00, annual fixed cost
are P 190, 000.00 and variable costs are P 0.348 per unit. How many productions of parts must be
produced for break-even point?
I have three different questions. Can you help me about them please?
1-) Economics is the study of
a) Production methods.
b) How society manages its scarce resources.
c) How housebolds decile who performs which tasks,
d) The interaction of business and government.
e) Consumption
2-)The statement that demand increased means that there is a
a) Movement to the right along a demand curve,
b) Movement to the left akong a demand curve.
c) Rightward shift of the demand curve.
d) Leftward shift of the demand curve.
e) Movement to the right along a supply curve.
3-) If the price of product X falls and this change increases the demand for product Y, then
a) x and y are complements.
b) x and y are substitutes.
c) x is an inferior good.
d) y is an inferior good.
e) all of the above
A shortage exists in a market if
a) There is an excess supply of the good.
b) Quantity supplied exceeds quantity demanded.
c) The current price is below its equilibrium price.
d) There is no demand of the good.
e) All of the above are correct.
When the price of a good is higher than the equilibrium price,
a) A shortage will exist. b) Buyers desire to purchase more than is produced.
c) Sellers desire to produce and sell more than buyers wish to purchase.
d) Quantity demanded exceeds quantity supplied.
e) Quantity demanded is equal to quantity supplied
The price of oil has been all over the place in the last few years; it went up, then down and back up, back down, and now edging up again, thus driving the price of gas up and down. Right now, it is $2.19 where I buy gas, very low compared to two years ago. Related to that is the cost of refining it into a usable product. We actually have plenty of oil right now; it is scarce, but plentiful, especially with the new development of shale oil fields in the Dakotas and in Texas. However, the country has limited refinery capacity and we have not built a new refinery in over 20 years. The Keystone pipeline, if it is ever built, will carry oil from Canada and North Dakota all the way to Texas to be refined into gas and then trucked back to places like North Dakota and Nebraska.
Why not refine some of that oil in the region, thus saving a lot of shipping cost?
Why wouldn't the oil companies build refineries nearer their sources or their markets?
Discuss how to activate your learning mindsets for accounting information systems. The nature of accounting information systems is social technology at work in the accounting area. (e.g., MS Access, MS Power BI). Unlike qualitative questions, you cannot run the result with technology if you only understand 90% of the application knowledge.Technical knowledge is only one part of the solution, and we need to learn how to work with technology in a team for practical solutions.
If you can design a general-purpose AIS, even if it is simple, you know how to use some much more complicated AIS. There are at least 20 different AIS systems in the market. You can handle any system after you learned how to design a system. In addition, social technology also requires superior solutions and emphasizes user-driven criteria and diverse voices. Help you understand design thinking and how it works:
https://hbr.org/2018/09/why-design-thinking-works (Links to an external site.).
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For a price taker P=MR. True or false
Assuming that the equation f(Q, P1, P2, Y) = 10P1Q1 + 5Q1 - 2P2 - 4Y -18 =0
defines an implicit demand function Q1 = Q1(P1, P2, Y), find own price elasticity , cross elasticity and income elasticity at a point (P1, P2, Y) = (2, 1, 20)
Does a monopoly's ability to price discriminate between two groups of consumers depend on its marginal cost curve? Why or why not? Consider two cases
a) the marginal cost is so high that the monopoly is uninterested in selling to one group
b) the marginal cost is low enough that the monopoly wants to sell to both groups
