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Author Question: Suppose a roofing contractor is considering the purchase of an additional truck at a price of $35 ... (Read 69 times)

mustachegiraffe

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on: Oct 12, 2022
Suppose a roofing contractor is considering the purchase of an additional truck at a price of $35 000. He expects the discounted MRP of the truck in Year 1 to be $7000, in Year 2 to be $6000, in Year 3 to be $5000, after which he can sell the truck at a present value of $14 000. This contractor should
◦ buy the truck because its marginal cost is less than its marginal revenue.
◦ not buy the truck because its present value is less than its purchase price.
◦ not buy the truck because its marginal cost is greater than its marginal revenue.
◦ buy the truck because its present value is more than its purchase price.
◦ be indifferent about the purchase because its present value is approximately equal to its purchase price.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by mustachegiraffe on Oct 12, 2022

SphnxKickin

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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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mustachegiraffe

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Reply 2 on: Oct 12, 2022
Great answer, keep it coming :)

chereeb

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Reply 3 on: Yesterday
Excellent

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