Economic rent is a payment for a factor of production that elicits an increase in the quantity supplied.
Answer the following statement true (T) or false (F)
False
Economics
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Other things being equal, the higher the cost of capital
A) the higher the NPV of a project. B) the higher the IRR of the project. C) the lower the NPV of the project. D) The cost of capital has no effect on the NPV of the project.
Economics
Which of the following is always a characteristic of the oligopoly market structure?
a. Many sellers, each small in size relative to the overall market. b. Few sellers. c. All sellers produce identical products. d. Easy, low-cost entry and exit.
Economics