Advanced modular technology (amt) makes energy cleaner, safer, more secure and more efficient. it typically exhibits net annual revenues that increase over a fairly long period. in the long run, an amt project may be profitable as measured by irr, but its simple payback period may be unacceptable. evaluate this amt project using the irr method when the company marr is 14% per year and its maximum allowable payback period is three years. what is your recommendation?

One of the growers is excited by this advancement because now he can sell more crops, which he believes will increase revenue in this market. as an economics student, you can use elasticities to determine whether this change in price will lead to an increase or decrease in total revenue in this market. using the midpoint method, the price elasticity of demand for soybeans between the prices of $5 and $4 per bushel is , which means demand is between these two points. therefore, you would tell the grower that his claim is because total revenue will as a result of the technological advancement.