Answer:
c
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Explanation:
Answer:
At any rate.
Explanation:
The function to calculate the NPV of each project is the same, therefore it is not expected that potential NPV of projects meet in any time in the future, so always would be a project better than the other regardless the discount rate used. In this case, the project B will be always better than project A
Answer:
b. measurement error.
Explanation:
Measurement error is defined as the difference in the provided information and the desired information. It is also known as observational error. The value that is measured and the real value that brings out the differences. These errors can emerge and grow rapidly. Random error and systematic error are the two distinct parts of measurement errors.
Answer: d. Strategic industry
Explanation:
Sometimes countries will introduce a tariff in order to reduce the importation of a good or service that might be ruled as important for the security of the country and so would need to be produced by a company in the country. Goods related to national defense are especially more likely to fall under such tariffs.
The industry is therefore said to be strategic. This is what happened in the scenario above because the chip is used by the U.S. Navy which makes it national defense related.
It's FALSE.
To be able to make the minimum wage be binding, an expert in economics calls it a minimum gross to prevent the industry market from accomplishing equilibrium a binding smallest amount wage.
It must be set above the equilibrium gross. However, below or at least $10 per hour would not be binding.
