Suppose that an economy is growing at its steady state rate of 4% per year when a natural disaster destroys one-quarter of its capital stock, leaving all other factors of production unchanged. what will be the immediate effect on the capital-labor ratio and rgdp per hour worked? =the capital-labor ratio will which will cause rgdp per hour worked to

Xinhong company is considering replacing one of its manufacturing machines. the machine has a book value of $39,000 and a remaining useful life of 5 years, at which time its salvage value will be zero. it has a current market value of $49,000. variable manufacturing costs are $33,300 per year for this machine. information on two alternative replacement machines follows. alternative a alternative b cost $ 115,000 $ 117,000 variable manufacturing costs per year 22,900 10,100 1. calculate the total change in net income if alternative a and b is adopted. 2. should xinhong keep or replace its manufacturing machine