A retiree

A 17-year-old child

A university student

A company executive

It must always be written

It is the same as an invitation to treat

It can be revoked before acceptance

It is enforceable even without acceptance

b) Ensuring public safety and sustainability

a) Maximizing profits for employers

d) Working without supervision

c) Always following management orders

d) Providing objective opinions

c) Reporting ethical violations

a) Updating their knowledge

b) Waste of natural resources

d) Protection

a) Principles

b) Policies

c) Professionalism

C) Manufacturing and

processing

B) Product use phase

D) Transportation

A) Raw material

extraction

B) Higher environmental

impact per unit of GDP

A) Lower environmental

impact per unit of GDP

D) The country is more

energy-efficient

C) Lower affluence in

the country

C) Temperature

B) Technology

A) Time

D) Transportation

NPV ≈ $25,000 → Accept the project

NPV ≈ -$10,000 → Reject the project

NPV ≈ $0 → Indifferent between accepting and rejecting

NPV ≈ $70,000 → Accept the project

Crane B is preferred due to its lower equivalent annuity, despite higher per-year costs.

Crane A is financially superior because of its longer replacement cycle.

Crane A is more cost-effective because its NPV is higher.