Present value determination is a procedure that
a. accounts for the opportunity cost of money
b. adjusts for changes in the general price level
c. discounts a present value into its future value
d. compares the present value of benefits to the present value of costs
a. accounts for the opportunity cost of money
You might also like to view...
Which of the following factors affecting decision-making is studied by Behavioral Game Theory?
A) psychological biases B) limited power of calculation C) weather forecast D) A and B are correct
Taxes, subsidies, and monopolies help us achieve allocative efficiency
a. True b. False Indicate whether the statement is true or false
If the marginal costs are constant and zero for a single price monopolist facing the demand curve P = 10 - Q, what will profits be if fixed costs are 12? 
A. 12 B. 10 C. 38 D. 13
Which of the following equals the ratio of the change in total revenues over the change in output?
A. demand B. marginal revenue C. average revenue D. total cost