Acompany is considering replacing an old piece of machinery, which cost $598,200 and has $347,400 of accumulated depreciation to date, with a new machine that has a purchase price of $483,800. the old machine could be sold for $61,500. the annual variable production costs associated with the old machine are estimated to be $156,700 per year for eight years. the annual variable production costs for the new machine are estimated to be $98,600 per year for eight years. a.1 prepare a differential analysis dated september 13, to determine whether to continue with (alternative 1) or replace (alternative 2) the old machine. if an amount is zero, enter "0". for those boxes in which you must enter subtracted or negative numbers use a minus sign. a.2 determine whether to continue with (alternative 1) or replace (alternative 2) the old machine. replace the old machine feedback compare the differential revenues and differential costs of continuing vs. replacing. which one has the greatest positive differential effect on income? b. what is the sunk cost in this situation?

Aprice ceiling is “binding” if the price ceiling is set below the equilibrium price. suppose that the equilibrium price is $5. if a price ceiling is set at $6, this will not affect the market in any way since $5 remains a legally allowable price (since $5 < $6). a price ceiling of $6 is called a “non-binding” price ceiling. on the other hand, if the price ceiling is set at $4, the price ceiling is “binding” because the natural equilibrium price is $5 but that is no longer allowed. what happens when there is a binding price ceiling? at a price below the equilibrium price, quantity demanded exceeds quantity supplied. there is a shortage. normally, price increases eliminate shortages by increasing quantity supplied and decreasing quantity demanded. in this case, however, price increases are not allowed past the price ceiling. we therefore predict that the observed market price will be right at the price ceiling and there will be a permanent shortage. the observed quantity bought and sold will be dictated by the quantity supplied at the price ceiling. although consumers would like to buy more, there are no more units for sale

Side bar toggle icon performance in last 10 qs hard easy performance in last 10 questions - there are '3' correct answers, '3' wrong answers, '0' skipped answers, '1' partially correct answers about this question question difficulty difficulty 60% 42.2% students got it correct study this topic • demonstrate an understanding of sampling distributions question number q 3.8: choose the correct estimate for the standard error using the 95% rule.

What should a food worker use to retrieve ice from an ice machine?