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Mairoon Mairoon
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Posts: 850
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6 years ago
If a firm needs one machine to produce a product, and must replace the machine when it wears out, then the firm should pick a durability level of the machine that
A) minimizes the expense today.
B) minimizes the present discounted cost of having the machine forever.
C) maximizes the future value of the machine.
D) minimizes the future value of the machine.
Textbook 
Microeconomics

Microeconomics


Edition: 6th
Author:
Read 68 times
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Replies
wrote...
6 years ago
B
Mairoon Author
wrote...
5 years ago
Thanks. This is just start. Wink Face
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