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Scientific Instruments

Scientific Instruments Tier 3 Instruments
Production562,000 units p.a.
Exports0 units
Value per unit✦1,560
Revenue✦877 m
Value added✦818 m
Surplus✦360 m
  • Per unit:
  • Labour ✦599 (Sf 3.74)
  • Materials ✦93.7
  • Capital ✦218
  • Energy ✦10
  • Surplus ✦640

Whole chain per unit: 10.5 labour hours, 229 kWh.

Formula

A.C. = w0LhSf Labour ✦599 Shadow wage w0 ✦16 an hour Γ— Lh 10 hours per unit Γ— skill factor Sf 3.74 Sf for science: training ✦120,000 against ✦45,000, queue 60 hours against 48 + Ξ£ qiPirΞ»i Materials ✦93.7 Electronic Components: 1 kg Γ— $31,000/t Γ— r 1.5 Γ— border 0.99 Γ— Ξ» 1.00 = ✦46 Glass: 2 kg Γ— $315/t Γ— r 1.5 Γ— border 0.93 Γ— Ξ» 1.00 = ✦0.876 Optical Lenses: 300 g Γ— $100,000/t Γ— r 1.5 Γ— border 1.01 Γ— Ξ» 1.00 = ✦45.4 Steel: 3 kg Γ— $332/t Γ— r 1.5 Γ— border 0.93 Γ— Ξ» 1.00 = ✦1.39 + (D + Mo)Ξ±e Capital ✦218 Depreciation and maintenance ✦150 per unit Γ— financing 1.45 Γ— waste factor Ξ±e 1.00 Financing is interest at 6% on equipment's average value over a 15-year life. Ξ±e is 1.00 when maintenance hours and defects are on target. + Epe Energy ✦10 E 200 kWh per unit Γ— pe ✦0.05 per kWh = ✦920

A.V. = rP*world Accounted value ✦1,560 per unit World price $1,000 per unit plus freight and insurance 4% = P* $1,040 Γ— r 1.5 crowns per US dollar Import parity: the price at the Commonwealth border for a good it could otherwise import. Observed abroad, not calculated: a wasteful producer raises only its own cost. = ✦1,560

Revenue = A.V. Γ— Q Accounted revenue ✦877 m p.a. Domestic: 562,000 units Γ— ✦1,560 = ✦877 m = ✦877 m

Surplus = (A.V. βˆ’ A.C.) Γ— Q βˆ’ levies Accounted surplus ✦360 m p.a. Revenue ✦877 m βˆ’ cost ✦920 Γ— 562,000 units = ✦359 m Distributed 40% to reinvestment, 20% to the municipal aggregate and 40% swept to the Treasury. = ✦360 m

Made here
Supplies or uses it
Inputs arriving
Output leaving

Made from per unit

Used in p.a.

  • Final domestic use 562,000 units ✦877 m 100%