art 1 ofO Points: 0 of 1Previous QuestionA municipal solid-waste site for a city must be located at Site A or Site B. After sorting, some of tiplant are shown in the table below.hsported to an electric power plant where it will be used as fuel. Data for the hauling of refuse from each site to the powerSite ASite BAverage hauling distance5 miles4 miles$110,000Annual rental fee for solid-waste site$4,000Hauling cost$1.43/yd"-mile$1.43/yd'-mileIf the power plant will pay $8.06 per cubic yard of sorted solid waste delivered to the plant, where should the solid-waste site be located? Use the city's viewpoint and assume that 200,000 cubic yards of refuse will be hauled to the plant for oneyear only. One site must be selected.The total cost of locating the power plant at the Site A is $. (Round to the nearest dollar.)

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ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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solve it manually; do not use excel A steel pedestrian overpass must either be reinforced or replaced. Reinforcement would cost $25,000 and would make the overpass adequate for an additional 6 years of service. If the overpass is torn down now, the scrap value of the steel would exceed the removal cost by $15,000. If it is reinforced, it is estimated that its net salvage (market) value would be $18,000 at the time it is retired from service. A new pre-stressed concrete overpass would cost $140,000 and would meet the foreseeable requirements of the next 40 years. Such a design would have no net scrap or MV. It is estimated that the annual expenses of the reinforced overpass would exceed those of the concrete overpass by $3,200. Assume that money costs the state 8% per year and that the state pays no taxes. What would you recommend?
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Weekly Usage Annual Maintenance (hours) 13 10 14 18 22 27 25 31 40 38 Expense 17.0 22.0 25.0 27.0 37.0 34.0 33.0 39.0 51.5 40.0
$ 300- 250 200 150 100 50- 04. What is the Total Fixed Cost at Q = 10? # O (a) $9 0 Q 0 2 4 6 8 10 12 14 16 18 20 O (b) $50 O (c) $90 (d) $140 O(e) $160 Type here to search TC Et I TVC TFC 30 25 20 15 10 Click Save and Submit to save and submit. Click Save All Answers to save all answers. 5 SA 0- 0 2 4 6 8 10 12 14 16 182 O Save All Answers MC AC AVC St AFC Q ? Save and Submit DEL
K L Q MPL APL (Q/L) VML (MPL*P) FC VC (L*150) TC 5 0 0 0 0 5 1 50 50 50 50 25 150 175 5 2 125 75 62.5 150 25 300 325 5 3 225 100 75 200 25 450 475 5 4 375 150 93.7 300 25 600 625 5 5 450 75 90 150 25 750 775 5 6 450 0 75 0 25 900 925 5 7 400 -50 57.14 -100 25 1050 1075 5 8 425 -75 53.12 -150 25 1200 1225 5 9 450 -25 50 -50 25 1350 1375 5 10 500 -50 50 -100 25 1500 1525 5 11 525 25 47.7 50 25 1650 1675 Define firm’s fixed costs. Next, what is Firm’s FC in the Table above. Why?
Give typing answer with explanation and conclusion
1 17 2 345 5 6 Seed Average Price 3 Marketing Year Index $/short ton 4 127.7 192.4 7 8 B 9 10 11 12 13 14 15 16 17 18 1 2 3 4 5 6 7 8 9 10 11 C 12 13 14 15 Historical Price Data Oil D 242 242 274 242 290 347.2 436 422.8 466 582 508 428 434 Average Price Index $/short ton 317.8 465 662.2 668.2 791.3 732 951 1123 1297.3 1312 1416 1664 1317.4 1182.4 1334.4 E Mash Average Price Index $/short ton 63 87 105 111 124 108 134 153 193 187 193 247 242 197 210
An assembly line can produce 80 units per hour. The line's hourly cost is $4250 on straight time (the first 8 hours). Workers are guaranteed a minimum of 5 hours. There is a 35% premium for overtime, however, productivity for overtime drops by 10%. What are the average and marginal costs per unit for the following daily quantities? (a) 350 (b) 500 (c) 640 (d) 850
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If the firm chooses a single, profit maximizing price, how manyunits will it sell?
Consider the market for running shoes. Draw a firm's average total cost curve with no advertising. Label it ATCO Draw the firm's average total cost curve with advertising. Label it ATC₁. If the firm successfully advertises, the quantity produced increases such that OA. total cost increases and average total cost increases OB. total cost decreases and average total cost increases C. total cost increases and average total cost decreases OD. total fixed cost decreases Click the graph, choose a tool in the palette and follow the instructions to create you

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