Your company is considering a project that costs $1,000 up front. It generates a revenue stream of $250 a year for four years. The present value of this project is approximately
a. $0.00
b. $790.46
c. $-209.54
d. It cannot be determined with the information given.
d. It cannot be determined with the information given.
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Refer to the figure below. What is the price elasticity of supply at point A? 
A. 2 B. 4 C. 1/2 D. 1
The law of demand states that:
a. as the price of a good increases, more units are demanded. b. there is a direct relationship between the price of a good and the quantity of the good produced. c. there is a negative relationship between the price of a good and the quantity of the good demanded. d. there is an increase in the need for a good as the price of the good increases.
Consumers' surplus is the difference between the maximum price the buyer is willing and able to pay for a good and the actual price paid
Indicate whether the statement is true or false
The ______________ is the amount by which one input can be reduced when one more unit of another input is added while holding the output constant.
Fill in the blank(s) with the appropriate word(s).