The difference between revenue and cost during a single year of a project's life is called the:
A. interest rate.
B. net present value.
C. net cash flow.
D. profit.
C. net cash flow.
You might also like to view...
________ is the difference between the willingness to pay and the price paid for a good
A) Producer surplus B) Consumer surplus C) Seller's profit D) Revenue
An example of a(n) ________________ is the U.S. Postal Service, which is the only entity allowed to deliver first-class mail.
a. natural monopoly b. artificial monopoly c. legal monopoly d. technological monopoly
The ________ hypothesis suggests that errors in forecasting future inflation rates are due to random, unpredictable events.
A. chaos-theory B. stagflation C. rational-expectations D. Friedman
A perfectly competitive firm's short-run supply curve is at its lowest point when MC equals the minimum point of:
A) the average fixed cost curve. B) the marginal revenue curve. C) the average total cost curve. D) the average variable cost curve.