A firm is considering the purchase of a piece of equipment that will add $200 per year to the firm's revenue forever. If the interest rate is 10 percent, the firm will purchase the equipment so long as it costs less than

a. $1,000
b. $2,000
c. $4,000
d. $6,000
e. $8,000


B

Economics

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A) no inflation. B) the natural rate of unemployment. C) individuals' tastes and preferences. D) low levels of inflation.

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Economics