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Two candidates’ machines are under consideration. For machine a, initial cost is $100,000, operating benefits are $40,000 per year and useful life is 6 years. The respective data for machine B are 150,000, $50,000 and 9 years. Neither machine has reached salvage value on the basis of present worth which one would you select’s=8%

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M91228524

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