O [1,500(F/P, 8%, 6) + 1,000(F/P, 8%, 5) + 500(F/P, 8%, 4) + 500(F/P, 8%, 2) +1,000(F/P, 8%, 1) + 1,500]/7O 1,500 - 500(P/G, 8%, 7)(A/P, 8%, 7) + 1,000(P/G, 8%, 4)(P/F, 8%, 3)(A/P, 8%, 7)O [1,500(F/P, 8%, 6) + 1,000(F/P, 8%, 5) + 500(F/P, 8%, 4) + 500(F/P, 8%, 2) +1,000(F/P, 8%, 1) + 1,500)(A/F, 8%, 7)O [1,500(P/F, 8%, 1) + 1,000(P/F, 8%, 2) + 500(P/F, 8%, 3) + 500(P/F, 8%, 5) +1,000(P/F, 8%, 6) + 1,500(P/F, 8%, 7)](A/P, 8%, 7)Select the WRONG equation for the equivalent uniform cost from the listbelow. The interest rate is 8%.X31.3.4A=?YearFlowX1 = $1,500X2 = $1,000X3 = $5001%3D%3D%3!4X5 = $500X6 = $1,000X7 = $1,500%3D!!%3D5.47

Answered: Select the WRONG equation for the…

Business

Economics

Select the WRONG equation for the equivalent uniform cost from the list below. The interest rate is 8%.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Concept explainers

Cost of Production

In economic theory, production costs are the costs incurred by an industrial organization when it engineers a project or provides a service that generates revenue and benefits. Labor costs, raw materials, consumable manufacturing costs, and general overhead sum up, accounting for production costs. Total cost data is calculated by combining total direct costs of materials, labor costs, and total production costs.

Question

O [1,500(F/P, 8%, 6) + 1,000(F/P, 8%, 5) + 500(F/P, 8%, 4) + 500(F/P, 8%, 2) +
1,000(F/P, 8%, 1) + 1,500]/7
O 1,500 - 500(P/G, 8%, 7)(A/P, 8%, 7) + 1,000(P/G, 8%, 4)(P/F, 8%, 3)(A/P, 8%, 7)
O [1,500(F/P, 8%, 6) + 1,000(F/P, 8%, 5) + 500(F/P, 8%, 4) + 500(F/P, 8%, 2) +
1,000(F/P, 8%, 1) + 1,500)(A/F, 8%, 7)
O [1,500(P/F, 8%, 1) + 1,000(P/F, 8%, 2) + 500(P/F, 8%, 3) + 500(P/F, 8%, 5) +
1,000(P/F, 8%, 6) + 1,500(P/F, 8%, 7)](A/P, 8%, 7)
Select the WRONG equation for the equivalent uniform cost from the list
below. The interest rate is 8%.
X3
1.
3.
4
A=?
Year
Flow
X1 = $1,500
X2 = $1,000
X3 = $500
1
%3D
%3D
%3!
4
X5 = $500
X6 = $1,000
X7 = $1,500
%3D
!!
%3D
5.
47

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