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PaulKet PaulKet
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Posts: 488
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6 years ago
Suppose a new cost-saving device will generate $1,000 net savings per year to a firm. The device costs $10,000. Should the firm purchase the device?
A) definitely
B) absolutely not
C) The firm is indifferent between buying the device and not.
D) More information is required to answer.
Textbook 
Microeconomics: Theory and Applications with Calculus

Microeconomics: Theory and Applications with Calculus


Edition: 4th
Author:
Read 134 times
1 Reply
The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design.
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Answer verified by a subject expert
forrestforrest
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Posts: 266
Rep: 3 0
6 years ago
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PaulKet Author
wrote...

6 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
wrote...

Yesterday
Good timing, thanks!
yen
wrote...

2 hours ago
Brilliant
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