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Exhibit 13-6 -In Exhibit 13-6, Assume That Sewing Machines Last Indefinitely, Operating

Question 79

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Exhibit 13-6
Exhibit 13-6    -In Exhibit 13-6, assume that sewing machines last indefinitely, operating expenses are negligible and output is expected to be constant in the future. If sewing machines can be purchased for $720 each and the market interest rate is 10%, how many sewing machines should the firm purchase? A)  one B)  two C)  three D)  four E)  five
-In Exhibit 13-6, assume that sewing machines last indefinitely, operating expenses are negligible and output is expected to be constant in the future. If sewing machines can be purchased for $720 each and the market interest rate is 10%, how many sewing machines should the firm purchase?


A) one
B) two
C) three
D) four
E) five

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