If the total cost for producing widgets can be represented by tc = 8,000 + 0.75x, where x is the number of widgets produced and total revenue can be represented by tr = 4x, what is the breakeven value for number of widgets produced?

Amachine purchased three years ago for $720,000 has a current book value using straight-line depreciation of $400,000: its operating expenses are $60,000 per year. a replacement machine would cost $480,000, have a useful life of nine years, and would require $26,000 per year in operating expenses. it has an expected salvage value of $130,000 after nine years. the current disposal value of the old machine is $170,000: if it is kept 9 more years, its residual value would be $20,000. calculate the total costs in keeping the old machine and purchase a new machine. should the old machine be replaced?

Your take on decision making process

If the economy were in the contracting phase of the business cycle, how might that affect your ability to find work?