Multiple Choice
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
Correct Answer:
Verified
Q45: A decrease in wealth will<br>A)shift the consumption
Q46: Suppose that when disposable income rises from
Q47: As domestic income rises,net exports<br>A)fall,since exports remain
Q48: Fluctuations in consumption<br>A)are noticeably smaller during recessions
Q50: The partners in the Wonderwords word processing
Q51: Suppose that autonomous investment level is $100
Q52: Net exports are<br>A)the value of goods produced
Q54: Dennis spends $400 on a snowblower,expecting to
Q110: If a household's income rises from $46,000
Q135: The amount of U.S. exports purchased by