- Per tonne:
- Labour β¦222 (Sf 1.85)
- Materials β¦0
- Capital β¦174
- Energy β¦20
- Surplus β¦296
Whole chain per tonne: 7.5 labour hours, 400 kWh.
Formula
A.C. = w0LhSf Labour β¦222 Shadow wage w0 β¦16 an hour Γ Lh 7.5 hours per tonne Γ skill factor Sf 1.85 Sf for agriculture: training β¦30,000 against β¦45,000, queue 10 hours against 48 + Ξ£ qiPirΞ»i Materials β¦0 A raw material, with no recipe inputs. + (D + Mo)Ξ±e Capital β¦174 Depreciation and maintenance β¦120 per tonne 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 β¦20 E 400 kWh per tonne Γ pe β¦0.05 per kWh = β¦416
A.V. = rP*world Accounted value β¦712 per tonne World price $450 per tonne plus freight and insurance 5.44% = P* $474 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. = β¦712
Revenue = A.V. Γ Q Accounted revenue β¦560 m p.a. Domestic: 786,800 t Γ β¦712 = β¦560 m = β¦560 m
Surplus = (A.V. β A.C.) Γ Q β levies Accounted surplus β¦233 m p.a. Revenue β¦560 m β cost β¦416 Γ 786,800 t = β¦233 m Distributed 40% to reinvestment, 20% to the municipal aggregate and 40% swept to the Treasury. = β¦233 m
Made in
Output
Made from per tonne
A raw material: no recipe inputs.
Used in p.a.
- Final domestic use 786,800 t β¦560 m 100%