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If a VMIC-50 machine cost $45,000 5 years ago (the cost inde

Paper help Economics If a VMIC-50 machine cost $45,000 5 years ago (the cost inde

Economics

If a VMIC-50 machine cost $45,000 5 years ago (the cost inde

If a VMIC-50 machine cost $45,000 5 years ago (the cost index was 151), what is the estimated cost… Show more If a VMIC-50 machine cost $45,000 5 years ago (the cost index was 151), what is the estimated cost today of a VMIC-100 machine (twice the capacity) if the cost index is 214? (Use a power sizing exponent of 0.6 in your calculation.) • Show less

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