By Investing in a John Deere PowerTech Engine for $3,200

question 9

Multiple Choice

By investing in a John Deere PowerTech engine for $3,200, the pallet manufacturer was able to show a net savings of $500 in annual maintenance costs. Calculate the return on investment for the engine.

• A)1.6 percent
• B)6.4 percent
• C)15.6 percent
• D)21.3 percent
• E)32 percent

Identify and explain the components and hierarchy of human needs according to Maslow.

Delineate the difference between mood and emotion.

Apprehend the importance of cognitive appraisal in emotional response according to the Schachter and Singer theory.

Understand the contribution of language and cognition to the experience and expression of emotions.

---

Definitions:

Utility Function

A formula that ranks various outcomes by their level of satisfaction or utility to a consumer.

Numeraire Good

A commodity selected as a standard of value and used as the unit of account in economic models, facilitating comparisons between different goods or services.

Initial Endowment

The initial allocation of assets, income, or resources that an individual, institution, or country possesses.

Min

The smallest or least possible amount, quantity, value, or degree.