Rex Carr Could Pay $10 for a Shovel That Lasts

question 11

Multiple Choice

Rex Carr could pay $10 for a shovel that lasts one year and pay $5 a car to his brother Scoop to bury the cars, or he could buy a low-quality car smasher that costs $200 a year to own and that smashes cars at a marginal cost of $1 per car.If it is also possible for Rex to buy a high-quality hydraulic car smasher that cost $550 per year to own and if with this smasher he could dispose of cars at a cost of $.75 per car, it would be worthwhile for him to buy this high-quality smasher if he planned to dispose of

• A)at least 1,410 cars per year.
• B)no more than 700 cars per year.
• C)no more than 1,400 cars per year.
• D)at least 1,400 cars per year.
• E)at least 700 cars per year.

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Definitions:

Self-Concept

An individual's perception of oneself, encompassing beliefs, feelings, and thoughts about one's abilities, appearance, and values.

Self-Actualising Person

An individual who has realized and fulfilled their own potential, achieving self-fulfillment and peak experiences, as described in Abraham Maslow's hierarchy of needs.

Peak Experiences

Highly positive moments of joy and fulfillment that stand out from everyday events.

Affiliate

To officially attach or connect to an organization or entity, becoming a member or partner.