If the present value of an investment's benefits equals the present value of the investment's costs, then the investor would earn a
A) return equal to the discount rate.
B) negative rate of return.
C) 0% rate of return.
D) return greater than the discount rate.
Answer: A
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If people make decisions without all needed information, what type of conflict will be the likely result?
A) Differences of opinion B) Competing goals C) Faulty assumptions D) Relational issues E) Ego issues
Asch’s (1955) study showed:
a. Even when group pressure is not direct, people may make bad judgments. b. People are obedient to authority figures. c. Power is more influential than rewards. d. Conformity is not affected by group size.
A warranty that guarantees that a defective product will be repaired or replaced free during the warranty period is known as a(n) ________
A) implied warranty B) full warranty C) disclaimer warranty D) limited warranty
Our society uses many factors, including occupation, educational level, income, wealth, religion, race, ethnic group, and possessions, to group people into
A. family types. B. geographic regions. C. reference groups. D. social classes. E. attitudinal segments.