Which of the Following Is Irrelevant When Deciding to Upgrade

question 113

Multiple Choice

Which of the following is irrelevant when deciding to upgrade a company's heating and air conditioning system?

• A) the energy efficiency of the old equipment versus the energy efficiency of the new equipment
• B) the safety of the new equipment compared to the old equipment
• C) the purchase price of the old equipment compared to the purchase price of the new equipment
• D) the productivity of the old equipment compared to that of the new equipment

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Definitions:

Capital Stock Per Worker

A measure of the amount of capital available per employee in a company or economy, indicating the level of investment in tools, buildings, and equipment each worker has to work with.

Output Per Worker

The average production or output produced per unit of labor, often used as a measure of labor productivity.

GDP Devoted To Investment

The portion of the Gross Domestic Product that is spent on investments in capital goods, infrastructure, and other activities to promote economic growth.

Poor Countries

Nations with low levels of economic activity, low per capita income, and generally low standards of living.