Professor Moore next called a local office supply firm to check the prices on copiers. A new copier of the type in the copy center now would cost $50,000. It would also require $8,000 per year for maintenance and would have a normal useful life of six years. Do you think Dr. Moore will be able to convince the associate dean that a new copy machine will be cost effective?

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Whether a new copier is costeffective depends on several factors not mentioned in the passage but he... View the full answer