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Title: Consider a firm that places coin-operated coffee machines in university buildings. On January 1, ... Post by: endah87 on Oct 9, 2022 Consider a firm that places coin-operated coffee machines in university buildings. On January 1, 2015 the firm has 1500 machines in operation, and on January 1, 2016 the firm has 2250 machines in operation. A possible explanation for this increase in the firm's capital stock is that
1) there was an increase in productivity of coin-operated coffee machines that reduced the cost per cup of coffee produced; 2) an increase in demand for coffee led to an increase in the price per cup; 3) there was an increase in interest rates. ▸ 1 only ▸ 2 only ▸ 3 only ▸ 1 or 2 ▸ 2 or 3 Title: Consider a firm that places coin-operated coffee machines in university buildings. On January 1, ... Post by: live4outdoors on Oct 9, 2022 Content hidden
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