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Question 8 1 pts Suppose a firm has to choose between two machines, A and B. The two machines do exactly the same job and

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Question 8 1 pts Suppose a firm has to choose between two machines, A and B. The two machines do exactly the same job and have the same capacity. Machine A is a premium model. It costs $161 thousand and will last 4 years. It costs $60 thousand per year to run. Machine B is a basic model, costing only $89, but it will last only 3 years and costs $69 per year to run. The opportunity cost of capital is 7.9% per year. The annual operating cost of the machine that the firm should adopt is $_ thousand a year. [Hints/Example)

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