One of the following projects has two IRRs. Which project is it?
Answer: B.
Explanation : A project has multiple IRR when it has non normal cash flow, here non cash flow refers to large cash outflow either during the project or at the end of project. For Project 2, large cash outflow of $1,675 occurs at Year 3.
Economics
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A natural monopoly that is regulated to set its price equal to its marginal cost
A) incurs an economic loss. B) makes zero economic profit. C) makes an economic profit. D) creates the maximum deadweight loss.
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Like real GDP, investment fluctuates, but it fluctuates much less than real GDP
a. True b. False Indicate whether the statement is true or false
Economics