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the circular flow diagram can be used to illustrate aggregate deman...
Business, 06.04.2020 23:25 keyairareid7
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the circular flow diagram can be used to illustrate aggregate demand. what component of aggregate demand do the goods and services fall under?
A. income
B. factors of production
C. private consumption
Answers: 2
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Amachine purchased three years ago for $720,000 has a current book value using straight-line depreciation of $400,000: its operating expenses are $60,000 per year. a replacement machine would cost $480,000, have a useful life of nine years, and would require $26,000 per year in operating expenses. it has an expected salvage value of $130,000 after nine years. the current disposal value of the old machine is $170,000: if it is kept 9 more years, its residual value would be $20,000. calculate the total costs in keeping the old machine and purchase a new machine. should the old machine be replaced?
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Jaynet spends $50,000 per year on painting supplies and storage space. she recently received two job offers from a famous marketing firm β one offer was for $95,000 per year, and the other was for $120,000. however, she turned both jobs down to continue a painting career. if jaynet sells 35 paintings per year at a price of $6,000 each: a. what are her accounting profits? b. what are her economic profits?
Answers: 1
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