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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.

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
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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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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