In many situations,the purchase of used capital equipment is necessary because a firm may:

Name: In many situations,the purchase of used capital equipment is necessary because a firm may:
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Question

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All of the above reasons can lead a firm to purchase used capital equipment. The firm may only need the equipment for occasional use, new equipment may not be available, there may be a lack of capital to purchase new equipment, and there may be a need for immediate use due to a lack of lead time.

In Many Situations,the Purchase of Used Capital Equipment Is Necessary