In determining whether to keep a machine or replace it, the original cost of the machine is always a relevant factor.

Name: In determining whether to keep a machine or replace it, the original cost of the machine is always a relevant factor.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The original cost of the machine is only one of many factors that should be considered when deciding whether to keep or replace it. Other factors such as repair costs, maintenance costs, and efficiency should also be taken into account.

In Determining Whether to Keep a Machine or Replace It