Exhibit 13­3 Gives Data on the Number of Tools a Certain

question 2

Multiple Choice

Exhibit 13­3 gives data on the number of tools a certain firm buys to use in its productionprocess.Assume that the tools are expected to last indefinitely, that operating expenses arenegligible, and that the price of the firm's output is expected to remain constant in the future.At what interest rate would the firm in Exhibit 13­3 choose to buy 3 machines?

• A)5%
• B)8%
• C)12%
• D)20%
• E)24%

---

Definitions:

Whistle-Blowing

The act of exposing wrongdoing, misconduct, or unethical behavior within an organization to the public or to those in authority.

Pros And Cons

The advantages and disadvantages of a particular decision, course of action, or situation, carefully considered to inform decision-making.

Ebonics

A term that refers to the linguistic patterns, grammar, and vocabulary associated with African American Vernacular English (AAVE).

Cryonics

Cryonics is the low-temperature freezing and storage of a human corpse or severed head, with the speculative hope that resurrection may be possible in the future.