Refer to the information provided in Figure 3.16 below to answer the question(s) that follow. 
Figure 3.16
-Refer to Figure 3.16. When the economy moves from Point A to Point B, there has been
Definitions:
Useful Life
The estimated period over which an asset is expected to be usable by a business.
Purchase Machinery
The acquisition of machines or equipment for the production of goods or services.
Discount Rate
This is the discount rate used in the process of discounted cash flow analysis to find out the current value of cash flows expected in the future.
Annual Cost Savings
The reduction in costs achieved during a fiscal year, often as a result of process improvements or cost-cutting measures.
Q45: In the short run, whenever excess demand
Q45: Suppose the economy suffers a high rate
Q106: Things that have already been produced that
Q115: Refer to Figure 3.8. Assume there are
Q116: Refer to Figure 2.5. The economy is
Q150: Refer to Table 2.1. For Krystal, the
Q169: Refer to Figure 3.13. Assume hamburgers and
Q188: The marginal rate of transformation represents the
Q201: If the price of chili increases, there
Q283: Refer to Figure 3.13. An increase in