This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: What is the distinction between the price of capital equipment and the rental rate of capital? ... (Read 40 times)

Metfan725

  • Hero Member
  • *****
  • Posts: 552
on: Jun 29, 2018
What is the distinction between the price of capital equipment and the rental rate of capital?
 
  What will be an ideal response?

Question 2

Refer to Figure 9-5. The tariff revenue collected by the government equals
 
  A) 10 million. B) 15 million. C) 19.875 million. D) 35 million.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

jasonq

  • Sr. Member
  • ****
  • Posts: 335
Reply #1 on: Jun 29, 2018
Answer to Question 1

The price of a unit of capital is how much must be paid to acquire the piece of capital equipment. The rental rate of capital is the amount that must be paid to use the unit of capital equipment. For instance, the copy machine at the local Quik Print has a price of 10,000 but its services can be rented from the Quik Print for 50 per hour.

Answer to Question 2

B


Metfan725

  • Member
  • Posts: 552
Reply 2 on: Jun 29, 2018
Excellent

shewald78

  • Member
  • Posts: 340
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

Did you know?

More than 4.4billion prescriptions were dispensed within the United States in 2016.

The rate of evolution in short­ and long­lived plants The rate of evolution in short­ and long­lived plants
Chemical Laboratory Equipment Chemical Laboratory Equipment
Example of equipment used for a urine drug screen that a medical office may require before ... Example of equipment used for a urine drug screen that a medical office may require before ...
Schematic Diagram of Agitation Apparatus and other equipment (CHE415 Unit Operations) Schematic Diagram of Agitation Apparatus and other equipment (CHE415 Unit Operations)
Equipment and supplies needed for manual exfoliation using natural substances. Equipment and supplies needed for manual exfoliation using natural substances.
The price of rice in a small country is currently $6 per pound. In order to help low-income ... The price of rice in a small country is currently $6 per pound. In order to help low-income ...
Video: Five phases of cardiac cycle & Atrial contraction

For a complete list of videos, visit our video library