Use the Information Below to Answer the Following Questions

question 38

Multiple Choice

Use the information below to answer the following questions.
Fact 17.5.1
The Burning Belly Taco Stand is considering buying some new special ovens.Each oven will cost $1,000,and will last for 2 years before it wears out.The ovens will be used to make the Taco Stands famous "Burning Ring of Fire" tacos,and will generate a value of marginal product of $600 for the first oven,$570 for the second oven,and $530 for the third oven.(Assume all revenues are earned at the end of the year. )
-Consider Fact 17.5.1.If the rate of interest is 10 percent,how many ovens will the Burning Belly Taco Stand buy?

• A)zero
• B)1
• C)2
• D)3
• E)as many as it can afford

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Definitions:

Technical Skills

Specific abilities or knowledge that is required to perform particular tasks, especially relating to technological or scientific fields.

Distance Learning

A method of learning that allows students to study most or all of a course without attending a campus-based institution.

Online

Connected to, served by, or available through a computer or computer network.

Lectures

A method of teaching by giving a discourse on a particular subject before an audience, typically used in universities and colleges.