ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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If consumption of household is $3500 and income is $5000
Calculate saving
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- Only typed answer and please don't use chatgpt Suppose a manufacturer of software develops a new computer program that sells for $50. The $50 cost includes $0.25 for the CD it is stored on, $5 for the labor of the company software programmers, and $1.75 for packaging materials and transportation costs. Value added by the software company is Select one: A $48.25 B $48 C544.7S D $49.75arrow_forwardJevonte is saving money. Jevonte started with $21 and added $17.50 every week. Find the rate of change.arrow_forwardMark is currently earning $44,000 a year. He has worked for this firm for 5 years. He is considering a job that will increase his lifetime earnings by $240,000 but that requires a Ph.D. in finance. The job will mean also attending a full-time finance program for four years at an annual cost of $28,500. Mark already completed an MBA, for which he spent $86,000 in tuition and books. Would he take the job and attend the Ph.D. program? Calculate: Insutructions: Use ono decimals. Use commas (30,000, not 30000). Opportunity costs of this decision = $ MC = $ MB = $ Sunk Costs = $arrow_forward
- five concepts about living expenses and budgeting: Transportation Renting housing Buying housing The costs of owning a home Discretionary spending Which of these five concepts did you find the most challenging? Explain why.arrow_forwardRon invest $2000 in a savings account that gives him a simple interest rate of 6% for 3 years. A. how much interest the investment earns and B. how much money he has after 3 years?arrow_forwardIf Change in savings is $2000 and change in income is $4300 Calculate MPSarrow_forward
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