Which of the following would not shift the demand for resource Z?
a. A decline in the price of resource Z
b. A decline in the price of substitute resource A.
c. An increase in the productivity of resource Z.
d. An increase in the price of the product resource Z is used to produce.
a
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According to the Net Present Value (NPV) rule, managers choose to invest if
a. The NPV of the project is less than zero b. The NPV of the project is greater than zero c. The NPV of the project is equal to zero d. The NPV of the project is equal to the cost of capital
A decrease in U.S. interest rates leads to
a. a depreciation of the dollar that leads to greater net exports. b. a depreciation of the dollar that leads to smaller net exports. c. an appreciation of the dollar that leads to greater net exports. d. an appreciation of the dollar that leads to smaller net exports.