This topic contains a solution. Click here to go to the answer

Author Question: Suppose a dairy farmer is considering the purchase of an additional milking machine at a price of ... (Read 27 times)

fungirl

  • Full Member
  • ***
  • Posts: 162
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.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by fungirl on Oct 12, 2022

kugyo01

  • Full Member
  • ***
  • Posts: 156
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.
Answer Preview
Only 50% of students answer this correctly




fungirl

  • Member
  • Posts: 162
Reply 2 on: Oct 12, 2022
:D TYSM


dyrone

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Did you know?

The average office desk has 400 times more bacteria on it than a toilet.

Did you know?

After 5 years of being diagnosed with rheumatoid arthritis, one every three patients will no longer be able to work.

Did you know?

About 80% of major fungal systemic infections are due to Candida albicans. Another form, Candida peritonitis, occurs most often in postoperative patients. A rare disease, Candida meningitis, may follow leukemia, kidney transplant, other immunosuppressed factors, or when suffering from Candida septicemia.

For a complete list of videos, visit our video library