Upon Opening a Printing and Copy Shop, a Firm Budgets

question 15

Multiple Choice

Upon opening a printing and copy shop, a firm budgets $40,000 for copy machines and labor. The firm can operate its copy machine for 2,000 hours if it hires no labor. What is the cost of operating a copy machine for one hour?

• A) 12.5 cents
• B) $1.25
• C) $12
• D) $20
• E) It is impossible to tell from the information given.

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