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majestic aircraft carrier is a manufacturer of single engine high performance turboprop aircraft. MAC is considering purchasing composite wing fixtures for the assembly of its signature aircraft. The cost of the assembly system is $3 million with life expectancy of 10 years, annual operating cost of $200000 with zero salvage value. MAC anticipates a stream of $1000000 in revenue per year for 10 years from this project. Assuming MAC uses a MARR of 10 percent, and e=14% is this investment economically justified ? calculate the ERR.


§The Chocolate Emporium in Nottingham makes and sells luxury chocolates.

If the price of a box of chocolates increases from £6.99 to £7.49 and demand falls from 862 units per week to 784 units what is the priced elasticity of demand (P.E.D.) for chocolates


your company needs to purchase a dump truck and has narrowed the selection down to two alternatives. the 1st alternative is to purchase a new dump truck for $65,000. at the end of the seventh year the salvage value of the new dump truck is estimated to be $15,000. the 2nd alternative is to purchase a used dump truck for $50,000. at the end of 4th year the salavage of the dump truck is estimated to be $5,000. the annual profits, revenues less operation costs, are $17,000 per year for either truck. using a MARR of 18% and twenty-eight years study period, calculate the net present value for each of the dump trucka. which truck should your company purchase?


Technology forms an important part of almost any business in the modern world. During entrepreneurial process, many businesses will need to determine if the technology they require for their business exist and if they can get access to such technology. During which phase of the entrepreneurial process will this decision be made?


Kate wants to start a small catering business in her area. she has already established the necessary skills and abilities as well as the required resources to start the new venture. Which is the next step in the entrepreneurial process that she needs to follow?


Demand for hand sanitizer is surging around the globe as the new coronavirus spreads, prompting retailers to ration supplies and online vendors to hike prices. Sales of hand sanitizers and similar products have swelled across several international markets since the COVID-19 outbreak began in January. The virus, which originated in China, has now spread to more than 60 countries. According to data published Tuesday by market research firm Kantar, U.K. hand sanitizer sales saw a year-on-year increase of 255% in February. Meanwhile, British shoppers were buying 7% more liquid hand soaps and spent 10% more on household cleaners compared to February 2019. (Source: CNBC, 3rd March 2020

ii. Due to high demand of hand sanitizer, it will lead to increases of price by producers. Based on your opinion, what should a government do to control the price of hand sanitizer to keep hike during the pandemic.



Demand for hand sanitizer is surging around the globe as the new coronavirus spreads, prompting retailers to ration supplies and online vendors to hike prices. Sales of hand sanitizers and similar products have swelled across several international markets since the COVID-19 outbreak began in January. The virus, which originated in China, has now spread to more than 60 countries. According to data published Tuesday by market research firm Kantar, U.K. hand sanitizer sales saw a year-on-year increase of 255% in February. Meanwhile, British shoppers were buying 7% more liquid hand soaps and spent 10% more on household cleaners compared to February 2019. (Source: CNBC, 3rd March 2020

 

ii. Due to high demand of hand sanitizer, it will lead to increases of price by producers. Based on your opinion, what should a government do to control the price of hand sanitizer to keep hike during the pandemic.



Given the demand function. P=16𝑒−0.02𝑄

• Determine the quantity and price at which total revenue will be maximized.

• test the second-order condition.


Differentiate the following logarithmic functions and show that 𝑦=𝑙𝑛(𝑥+5)2≠[ln⁡(𝑥+5)]2


The value of the rice grows according to the function, 𝑉=𝑘𝑒2√𝑡, how long should the dealer store the rice.


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