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Author Question: Suppose a dairy farmer is considering the purchase of an additional milking machine at a price of ... (Read 47 times)

fungirl

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on: Oct 12, 2022
Suppose a dairy farmer is considering the purchase of an additional milking machine at a price of $4000. She expects the discounted MRP of the machine in Year 1 to be $1700, in Year 2 to be $1500 and in Year 3 to be $1200, after which the machine has no value. The farmer should
◦ be indifferent about the purchase because its present value is approximately equal to its purchase price.
◦ buy the machine because its present value is $400 more than its purchase price.
◦ buy the machine because its marginal revenue is $400 more than its marginal cost.
◦ not buy the machine because its marginal revenue is $400 less than its marginal cost.
◦ not buy the machine because its present value is $400 less than its purchase price.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by fungirl on Oct 12, 2022

kugyo01

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Reply #1 on: Oct 12, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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fungirl

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Reply 2 on: Oct 12, 2022
YES! Correct, THANKS for helping me on my review

nyrave

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Reply 3 on: Yesterday
Excellent

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