14) Calculate the real change in the income in $.ABCD1 An iron mining company sells three grades of to its customers.2 Per ton prices (S) of these grades and tons produced are shown below for 2016 and 2017.320162017567GradeNotations1.89 TotalILIILPrice5B10Quantitygo300020002000give min. 1 decimal and do not use sign, e.g.125.3Pricep181012EQuantity400020003500F

Real change income is calculated by evaluating the change in the income of a firm on a basis of the…

14) Calculate the real change in the income in $. B D 1 An iron mining company sells three grades of to its customers. 2 Per ton prices (S) of these grades and tons produced are shown below for 2016 and 2017. 2016 2017 4 5 6 Grade Notations 8 9 Total III. Price 8 10 Quantity go 3000 2000 2000 Price p1 8 10 12 E Quantity 4000 2000 3500 F

14) Calculate the real change in the income in $. B D 1 An iron mining company sells three grades of to its customers. 2 Per ton prices (S) of these grades and tons produced are shown below for 2016 and 2017. 2016 2017 4 5 6 Grade Notations 8 9 Total III. Price 8 10 Quantity go 3000 2000 2000 Price p1 8 10 12 E Quantity 4000 2000 3500 F

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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