According to the Net Present Value (NPV) rule, managers choose to invest if
a. The NPV of the project is less than zero
b. The NPV of the project is greater than zero
c. The NPV of the project is equal to zero
d. The NPV of the project is equal to the cost of capital
b
You might also like to view...
When real GDP increases, the demand for money
A) increases. B) decreases. C) stays the same. D) we cannot make a prediction without additional information.
If adverse selection exists in a market
A) the government steps in and shuts it down. B) the market is considered a "grey market." C) consumers may not participate in the market at all. D) total surplus is maximized.
A radio station is best described as
A. a platform in a shared-input market. B. an end user in a transaction-based market. C. a platform in an audience-making market. D. an end user in a matchmaking market.
In 2015, the trading partner from whom the U.S. received the greatest volume of imports was
A. China. B. Mexico. C. OPEC. D. Africa.