A blower unit of 40,000 ft3/min is being considered for purchase. The consumer price index for this blower was 300 five years ago. This index is 400 today. The cost of 10,000 ft3/min blower unit - which was purchased five years ago - was $ 2,500 per unit. Find the cost of a blower unit of 40,000 ft3/min today. The Power sizing exponent of blowers is 0.59. Select the closet choice to your calculated answer. Group of answer choices $7,000 $7,500 $8,000 $8,500
A blower unit of 40,000 ft3/min is being considered for purchase. The consumer price index for this blower was 300 five years ago. This index is 400 today. The cost of 10,000 ft3/min blower unit - which was purchased five years ago - was $ 2,500 per unit. Find the cost of a blower unit of 40,000 ft3/min today. The Power sizing exponent of blowers is 0.59. Select the closet choice to your calculated answer. Group of answer choices $7,000 $7,500 $8,000 $8,500
Micro Economics For Today
10th Edition
ISBN:9781337613064
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
Chapter7: Proudction Costs
Section: Chapter Questions
Problem 8SQP
Question
please answer in text form and in proper format answer with must explanation , calculation for each part and steps clearly
![A blower unit of 40,000 ft3/min is being considered for purchase. The consumer price index for this blower was 300 five
years ago. This index is 400 today. The cost of 10,000 ft3/min blower unit - which was purchased five years ago - was $
2,500 per unit. Find the cost of a blower unit of 40,000 ft3/min today. The Power sizing exponent of blowers is 0.59.
Select the closet choice to your calculated answer. Group of answer choices $7,000 $7,500 $8,000 $8,500](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F6caf6b76-4e12-456b-96bf-9efa3ab5fda9%2F673e45d1-569e-4ec9-99f6-2c9113c5fdea%2F4s7dffe_processed.png&w=3840&q=75)
Transcribed Image Text:A blower unit of 40,000 ft3/min is being considered for purchase. The consumer price index for this blower was 300 five
years ago. This index is 400 today. The cost of 10,000 ft3/min blower unit - which was purchased five years ago - was $
2,500 per unit. Find the cost of a blower unit of 40,000 ft3/min today. The Power sizing exponent of blowers is 0.59.
Select the closet choice to your calculated answer. Group of answer choices $7,000 $7,500 $8,000 $8,500
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