A grocery store manager must decide whether to buy four rug cleaners to rent to customers.The manager estimates that the first would yield $200 a year,the second $150,the third $75,and the fourth $20.If the interest rate is 12 percent and each rug cleaner costs $500,how many should the manager buy?
A) none
B) one
C) two
D) three
E) four
Correct Answer:
Verified
Q98: An increase in the price level will
A)increase
Q99: A decrease in the price level will
A)shift
Q100: Exhibit 9-4 Q101: An rise in stock prices will _ Q102: Which of the following would not shift Q104: Dennis spends $400 on a snowblower,expecting to Q105: A grocery store manager must decide whether Q106: The opportunity cost of investing in capital Q107: Which of the following will not shift Q131: Purchases of existing commodities,such as gold and
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