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Wool

Wool Raw material Animal Products
Production44,960 t p.a.
Exports0 mg
Value per tonne✦4,575
Revenue✦206 m
Value added✦206 m
Surplus✦90.2 m
  • Per tonne:
  • Labour ✦2,215 (Sf 1.85)
  • Materials ✦0
  • Capital ✦348
  • Energy ✦5
  • Surplus ✦2,007

Whole chain per tonne: 75 labour hours, 100 kWh.

Formula

A.C. = w0LhSf Labour ✦2,215 Shadow wage w0 ✦16 an hour Γ— Lh 75 hours per tonne Γ— skill factor Sf 1.85 Sf for agriculture: training ✦30,000 against ✦45,000, queue 10 hours against 48 + Ξ£ qiPirΞ»i Materials ✦0 A raw material, with no recipe inputs. + (D + Mo)Ξ±e Capital ✦348 Depreciation and maintenance ✦240 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 ✦5 E 100 kWh per tonne Γ— pe ✦0.05 per kWh = ✦2,568

A.V. = rP*world Accounted value ✦4,575 per tonne World price $3,000 per tonne plus freight and insurance 1.67% = P* $3,051 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. = ✦4,575

Revenue = A.V. Γ— Q Accounted revenue ✦206 m p.a. Domestic: 44,960 t Γ— ✦4,575 = ✦206 m = ✦206 m

Surplus = (A.V. βˆ’ A.C.) Γ— Q βˆ’ levies Accounted surplus ✦90.2 m p.a. Revenue ✦206 m βˆ’ cost ✦2,568 Γ— 44,960 t = ✦90.2 m Distributed 40% to reinvestment, 20% to the municipal aggregate and 40% swept to the Treasury. = ✦90.2 m

Made here
Supplies or uses it
Inputs arriving
Output leaving

Made from per tonne

A raw material: no recipe inputs.

Used in p.a.

  • Wool44,960 t✦206 m100%
  • Final domestic use 5,339 t ✦24.4 m 11.9%