Acme Manufacturing is producing $4,030,000 worth of goods this year and expects to sell its entire...

 

Transcribed Image Text:

Acme Manufacturing is producing $4,030,000 worth of goods this year and expects to sell its entire production. It also is planning to purchase $1,500,000 in new equipment during the year. At the beginning of the year, the company has $500,000 in inventory in its warehouse. Find actual investment and planned investment if: Instructions: Enter your responses as whole numbers. a. Acme actually sells $3,850,000 worth of goods. b. Acme actually sells $4,000,000 worth of goods. c. Acme actually sells $4,200,000 worth of goods. None Case c Case a Actual investment. Assuming that Acme's situation is similar to that of other firms, in which of these three cases is output equal to short-run equilibrium output? Case b $ Planned investment $ $ Acme Manufacturing is producing $4,030,000 worth of goods this year and expects to sell its entire production. It also is planning to purchase $1,500,000 in new equipment during the year. At the beginning of the year, the company has $500,000 in inventory in its warehouse. Find actual investment and planned investment if: Instructions: Enter your responses as whole numbers. a. Acme actually sells $3,850,000 worth of goods. b. Acme actually sells $4,000,000 worth of goods. c. Acme actually sells $4,200,000 worth of goods. None Case c Case a Actual investment. Assuming that Acme's situation is similar to that of other firms, in which of these three cases is output equal to short-run equilibrium output? Case b $ Planned investment $ $

Answer rating: 100% (QA)

Actual Investment is the total amount of Investment expenditures undertaken by a busi... View the full answer