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1. Omega electropneumatic general-purpose pres- sure transducers convert supply pressure to regu- lated output pressure in direct proportion to an electrical input signal. If the cost of a certain model was $328 in 2006 when the M&S equip- ment index was at 1333.4, what was the cost in 2001 when the M&S index value was 1093.9? Assume the cost changed in proportion to the index.

2. The ENR construction cost index for New York City had a value of 12,381.40 in February 2007. For Pittsburgh and Atlanta, the values were 7341.32 and 4874.06, respectively. If a general contractor in Atlanta won construction jobs total- ing $54.3 million, determine their equivalent total value in New York City.

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M91721619

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