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

Author Question: The firm in the table below produces denim jeans and each unit of capital represents one sewing ... (Read 22 times)

awgagawg

  • Full Member
  • ***
  • Posts: 144
on: Oct 12, 2022
The firm in the table below produces denim jeans and each unit of capital represents one sewing machine. The MRP for each of machines 10 through 14 is provided. Each sewing machine delivers a stream of MRPs beginning one year from now, for a total of 2 years. Assume that after 2 years each sewing machine is worth nothing.

Number of
Sewing Machines		Annual MRP
10$2000
11$1800
12$1600
13$1400
14$1200

TABLE 15-2

Refer to Table 15-2. If the interest rate is 4%, and the purchase price of a sewing machine is $4000, what is the optimal capital stock (number of sewing machines) for this firm?
◦ more than 12
◦ 10
◦ fewer than 10
◦ 12
◦ 11
Microeconomics ¦ Ragan ¦ 17th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by awgagawg on Oct 12, 2022

Deonnak85

  • Full Member
  • ***
  • Posts: 158
Reply #1 on: Oct 12, 2022
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 29% of students answer this correctly


awgagawg

  • Member
  • Posts: 144
Reply 2 on: Oct 12, 2022
Thanks for the timely response, appreciate it

Perkypinki

  • Member
  • Posts: 339
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

The shortest mature adult human of whom there is independent evidence was Gul Mohammed in India. In 1990, he was measured in New Delhi and stood 22.5 inches tall.

Did you know?

Persons who overdose with cardiac glycosides have a better chance of overall survival if they can survive the first 24 hours after the overdose.

Did you know?

The first oral chemotherapy drug for colon cancer was approved by FDA in 2001.

Did you know?

In Eastern Europe and Russia, interferon is administered intranasally in varied doses for the common cold and influenza. It is claimed that this treatment can lower the risk of infection by as much as 60–70%.

Did you know?

The B-complex vitamins and vitamin C are not stored in the body and must be replaced each day.

Newest Periodic Table Newest Periodic Table
Standing at the head of the table, apply oil or lotion to chest area. Spread lubricant fanning out ... Standing at the head of the table, apply oil or lotion to chest area. Spread lubricant fanning out ...
Stretch anterior tissues by pressing down on shoulders. Stand at the head of the table. Place the ... Stretch anterior tissues by pressing down on shoulders. Stand at the head of the table. Place the ...
SPSS TABLE TO APA FORMAT SPSS TABLE TO APA FORMAT
Which of the following is not a unit factor related to a 10.0% aqueous solution Which of the following is not a unit factor related to a 10.0% aqueous solution
Flowchart illustrating how genetic information encoded in DNA produces protein Flowchart illustrating how genetic information encoded in DNA produces protein
Video: Olfaction. or the sense of smell

For a complete list of videos, visit our video library