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Author Question: If a firm buys a specialized metal stamping machine that will last 4 years for 125,000 and cannot ... (Read 56 times)

Ebrown

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on: Jul 1, 2018
If a firm buys a specialized metal stamping machine that will last 4 years for 125,000 and cannot resell it, the opportunity cost is
 
  A) 0.
  B) 31,250.
  C) 125,000.
  D) 93,750.

Question 2

Max has allocated 100 toward meats for his barbecue. His budget line and an indifference map are shown in the above figure. Which of the following best describes Max's preferences?
 
  A) d > b > e
  B) d = b = e
  C) a = b > c
  D) a = b > e


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Tonyam972

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Reply #1 on: Jul 1, 2018
Answer to Question 1

A

Answer to Question 2

D


Ebrown

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Reply 2 on: Jul 1, 2018
Wow, this really help

parshano

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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