Consider a Small Firm That Is Producing Winter Coats

question 81

Multiple Choice

Consider a small firm that is producing winter coats. It can lease an additional sewing machine for one month for $750. With this additional machine, the firm can produce an additional 6 coats during that time period that it sells for $125 each. Hiring the marginal machine adds to the firm's profit and so it should _ the machine.

• A) $750; not lease
• B) $750; lease
• C) - $750; not lease
• D) $0; be indifferent as to whether to lease
• E) - $750; lease

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Definitions:

Male Sex

The biological category, typically associated with XY chromosomes in humans, that produces small, mobile sperm cells for reproduction.

Methyl Groups

Methyl groups are chemical groups consisting of one carbon atom bonded to three hydrogen atoms (-CH3), often influencing the function and properties of organic molecules.

Histones

Proteins around which DNA is tightly coiled in chromosomes, playing a role in gene regulation.