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Author Question: You purchase a pizza oven that is expected to last 10 years for 15,000. How do you account for the ... (Read 372 times)

darbym82

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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
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Ksh22

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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.
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darbym82

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Reply #2 on: Jul 1, 2018
Thank you :)


Ksh22

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Reply #3 on: Jul 1, 2018
Happy to help you


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