Author Question: Claudia's Copy Shop is deciding which 3-D printer to purchase, and it only has room for one printer. ... (Read 117 times)

JGIBBSON · **on:** Jun 29, 2018

Claudia's Copy Shop is deciding which 3-D printer to purchase, and it only has room for one printer.

It can purchase the Mini-Me small-object printer, which would generate benefits of 50,000 at a cost of 5,000, or it can purchase the Gargantuan large-object printer which would generate benefits of 250,000 at a cost of 25,000. Based on these numbers, Claudia's Copy Shop should purchase A) the Mini-Me printer.
B) the Gargantuan printer.
C) either printer, since the cost of each is exactly 10 percent of the benefit from each.
D) neither printer, since the cost of each is too high for a 3-D printer.

Question 2

In 1973, mainstream sources predicted that the world would run out of oil in

A) 20 years.
B) 40 years.
C) 100 years.
D) Mainstream sources in 1973 predicted the world would never run out of oil.