An increase in the cost of capital will
A. increase an investment's internal rate of return.
B. decrease an investment's internal rate of return.
C. increase an investment's net present value.
D. decrease an investment's net present value.
Answer: D
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A country's stage of economic development determines all of the following about its markets except ________
A) the size B) the degree of modernization C) the standardization D) all of the above
Fixed costs are ignored in allocating scarce resources because
a. they are sunk. b. they are unaffected by the allocation of scarce resources. c. there are no fixed costs associated with scarce resources. d. fixed costs only apply to long-run decisions.
Yanesh knows he works more hours and has delivered more code than most of his peers and yet receives less compensation. His sense of inequity is likely to cause him to
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