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imomo imomo
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A year ago
Suppose a firm producing aircraft engines is considering the purchase of a robotic assembly machine at a price of $4 million. The firm expects the discounted MRP of the machine to be $1 million over each of the first 3 years, and $0.5 million each in years 4 and 5, after which the machine has no value. This firm should

▸ not buy the machine because its present value is less than its purchase price.

▸ buy the machine because its present value is more than its purchase price.

▸ buy the machine because its marginal cost is less than its marginal revenue.

▸ be indifferent about the purchase because its present value is equal to its purchase price.

▸ not buy the machine because its marginal cost is greater than its marginal revenue.
Textbook 
Microeconomics

Microeconomics


Edition: 17th
Author:
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olsondiolsondi
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A year ago
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imomo Author
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A year ago
Correct Slight Smile TY
sadiewolf
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Yesterday
Smart ... Thanks!
lolaww
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2 hours ago
Thanks for your help!!
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