When Assessing the Value in Use of Equipment the Following

question 29

Multiple Choice

When assessing the value in use of equipment the following estimates of cash flows and risk rates were made.In one year: $1000 at 4%; in 2 years $1000 at 4.5%,and in 3 years $1000 at 5%.The expected present value of the asset is:

• A)$3000.
• B)$2886.
• C)$2591.
• D)$2742.

Understand the role of gate-keeping and setting norms in facilitating balanced team participation.

Differentiate between maintenance-related, task-oriented, and dysfunctional behaviors in group dynamics.

Utilize questioning techniques to redirect the team's focus and enhance participation.

Implement strategies for involving silent or less participative members in discussions.

---

Definitions:

Elastic Demand

A type of demand that responds significantly to changes in price, where a slight price change leads to a substantial change in the quantity demanded.

Marginal Cost

The cost increase associated with the creation of one additional unit of a good or service.

Profit Maximizing

The process by which a firm determines the price and output level that returns the greatest profit.

Marginal Revenue Curve

A graphical representation that shows the change in total revenue for every unit increase in the quantity of output sold.