Payback periodpayson manufacturing is considering an investment in a new automated manufacturing system. the new system requires an investment of $1,200,000 and either has: even cash flows of $300,000 per year orthe following expected annual cash flows: $150,000, $150,000, $400,000, $400,000, and $100,000.required: calculate the payback period for each case.

As a result of a labeling mistake at the chemical factory, a farmer accidentally sprays weedkiller rather than fertilizer on half her land. as a result, she loses half of her productive farmland. if the property of diminishing returns applies to all factors of production, she should expect to seea. a decrease in the marginal productivity of her remaining land and an increase in the marginal productivity of her labor. b. an increase in the marginal productivity of her remaining land and an increase in the marginal productivity of her labor. c. an increase in the marginal productivity of her remaining land and a decrease in the marginal productivity of her labor. d. a decrease in the marginal productivity of her remaining land and a decrease in the marginal productivity of her labor.