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

Author Question: You purchase a pizza oven that is expected to last 10 years for 15,000. How do you account for the ... (Read 380 times)

darbym82

  • Hero Member
  • *****
  • Posts: 570
on: Jul 1, 2018
You purchase a pizza oven that is expected to last 10 years for 15,000. How do you account for the economic cost of the oven?
 
  A) Expense the oven, taking a write-off for the entire price in the first year.
  B) Amortize the cost over the 10 year life of the oven, resulting in a cost of 1,500 per year.
  C) Calculate the value of renting the oven to someone else and use that as your cost.
  D) The cost is the price of the oven minus any revenue made selling pizzas made in the oven.

Question 2

The above figure shows the demand and cost curves facing a monopoly. A 100 per unit tax would raise price by
 
  A) 100.
  B) 50.
  C) 25.
  D) 0.
Microeconomics ¦ Perloff ¦ 8th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Ksh22

  • Sr. Member
  • ****
  • Posts: 297
Reply #1 on: Jul 1, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 55% of students answer this correctly


darbym82

  • Hero Member
  • *****
  • Posts: 570
Reply #2 on: Jul 1, 2018
Thank you :)


Ksh22

  • Sr. Member
  • ****
  • Posts: 297
Reply #3 on: Jul 1, 2018
Happy to help you


« previous next »
 

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

Did you know?

This year, an estimated 1.4 million Americans will have a new or recurrent heart attack.

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

Did you know?

To combat osteoporosis, changes in lifestyle and diet are recommended. At-risk patients should include 1,200 to 1,500 mg of calcium daily either via dietary means or with supplements.

Did you know?

Nearly 31 million adults in America have a total cholesterol level that is more than 240 mg per dL.

A Golden Retriever at 12 years old A Golden Retriever at 12 years old
Model of a sequential study in which two cohorts were followed beginning at age 20. One cohort was f Model of a sequential study in which two cohorts were followed beginning at age 20. One cohort was f
Hong Kong is a strange situation. A British colony since 1842, it was handed back to China in 1997 a Hong Kong is a strange situation. A British colony since 1842, it was handed back to China in 1997 a
During the Pullman strike in Chicago, workers protesting wage cuts did $340,000 in property damage, During the Pullman strike in Chicago, workers protesting wage cuts did $340,000 in property damage,
A pedigree for albinism collected in the early years of the twentieth century by Charles Davenport, A pedigree for albinism collected in the early years of the twentieth century by Charles Davenport,
Earth 150 Million Years Ago Earth 150 Million Years Ago
Video: Primate Evolutionary Tree Animation

For a complete list of videos, visit our video library