ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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Chapter 7, Problem 60P
To determine

Rate of return received in result of investment made in engineering education.

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plz solve it within 30-40 mins I'll give you multiple upvote..hand written
Faisal is an electrical engineer degree and he has a business of manufacturing golf balls. He spends 40,000 AED per year on supplies and storage space for manufacturing golf balls. He recently received two job offers from another famous electronics manufacturing firm-one offer was for 100,000 AED per year and the other was for 80,000 AED. However, he turned both jobs down to continue with his business of making golf balls. If he sells 25000 packs of golf balls per year at a price of 8 AED each, calculate his Accounting profit? _________________ Economics profit? __________________
Engineering Economics11

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ENGR.ECONOMIC ANALYSIS

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