2. Consider the following spending concepts for a wooden table factory CONCEPT Total monthly sales Price per table Total units sold TOTAL $720,000.0 $300 $2,400 $1500 Spending wage per worker Total workers 8 Wood and other Materials $2500 Electricity interests $2000 Profit $562,000.0 Assuming that the depreciation of physical capital is equal to zero.

ENGR.ECONOMIC ANALYSIS
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ISBN:9780190931919
Author:NEWNAN
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Chapter1: Making Economics Decisions
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2. Consider the following spending concepts for a wooden table factory
CONCEPT
Total monthly sales
Price per table
Total units sold
TOTAL
$720,000.0
$300
$2,400
$1500
Spending wage per worker
Total workers
8
Wood and other Materials
$2500
Electricity interests
$2000
Profit
$562,000.0
Assuming that the depreciation of physical capital is equal to zero.
Transcribed Image Text:2. Consider the following spending concepts for a wooden table factory CONCEPT Total monthly sales Price per table Total units sold TOTAL $720,000.0 $300 $2,400 $1500 Spending wage per worker Total workers 8 Wood and other Materials $2500 Electricity interests $2000 Profit $562,000.0 Assuming that the depreciation of physical capital is equal to zero.
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