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Author Question: Consider a firm that places coin-operated coffee machines in university buildings. On January 1, ... (Read 14 times)

blkth103

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on: Oct 12, 2022
Consider a firm that places coin-operated coffee machines in university buildings. On January 1, 2015 the firm has 1500 machines in operation, and on January 1, 2016 the firm has 2250 machines in operation. A possible explanation for this increase in the firm's capital stock is that
1) there was an increase in productivity of coin-operated coffee machines that reduced the cost per cup of coffee produced;
2) an increase in demand for coffee led to an increase in the price per cup;
3) there was an increase in interest rates.
◦ 1 only
◦ 2 only
◦ 3 only
◦ 1 or 2
◦ 2 or 3
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by blkth103 on Oct 12, 2022

heathercab

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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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blkth103

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Reply 2 on: Oct 12, 2022
Thanks for the timely response, appreciate it

frankwu0507

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Reply 3 on: Yesterday
Wow, this really help

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