{"id":757,"date":"2017-10-29T20:49:30","date_gmt":"2017-10-29T14:49:30","guid":{"rendered":"https:\/\/mcqacademy.com\/en\/mcq\/suppose-you-are-a-manager-of-a-factory-you-purchasing-the-machines\/"},"modified":"2017-10-29T20:49:30","modified_gmt":"2017-10-29T14:49:30","slug":"suppose-you-are-a-manager-of-a-factory-you-purchasing-the-machines","status":"publish","type":"mcq","link":"https:\/\/mcqacademy.com\/en\/mcq\/suppose-you-are-a-manager-of-a-factory-you-purchasing-the-machines\/","title":{"rendered":"Suppose you are a manager of a factory. You&#8230;purchasing the machines?"},"content":{"rendered":"<p>Suppose you are a manager of a factory. You purchase five (5) new machines at one million dollars each. If you can resell two of the machines for $500,000 and three of the machines for $200,000, what are the sunk costs of purchasing the machines?<\/p>\n","protected":false},"author":34,"featured_media":0,"comment_status":"open","ping_status":"closed","template":"","topic":[60],"subject":[5],"class_list":["post-757","mcq","type-mcq","status-publish","hentry","topic-production-process-and-costs","subject-managerial-economics"],"mcq_note":"Suppose you are a manager of a factory. You purchase five (5) new machines at one million dollars each. If you can resell two of the machines for $500,000 and three of the machines for $200,000, what are the sunk costs of purchasing the machines?Answer:$3.4 million.","mcq_options":[{"right":"no","answer":"$5 million"},{"right":"no","answer":"$500,000"},{"right":"yes","answer":"$3.4 million"}],"multi_answers":"no","subject_terms":[{"id":5,"title":"Managerial Economics","slug":"managerial-economics"}],"topic_terms":[{"id":60,"title":"The Production Process and Costs","slug":"production-process-and-costs"}],"_links":{"self":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/mcq\/757","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/mcq"}],"about":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/types\/mcq"}],"author":[{"embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/users\/34"}],"replies":[{"embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/comments?post=757"}],"wp:attachment":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/media?parent=757"}],"wp:term":[{"taxonomy":"topic","embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/topic?post=757"},{"taxonomy":"subject","embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/subject?post=757"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}