"We are Chicago's friendliest car dealer!" is an example of which type of cognitive message?
A) preemptive
B) unique selling proposition
C) hyperbole
D) comparative
C
Business
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When graphing NPV at different discount rates for mutually exclusive projects, the project with the lower IRR should be selected whenever:
A) the NPV is negative when discounted at the IRR. B) the rate corresponding to the crossover NPV exceeds the opportunity cost of capital. C) that IRR exceeds the opportunity cost of capital. D) the rate corresponding to the crossover NPV is less than the opportunity cost of capital.
Business
What action would you choose according to maximax criterion?
What will be an ideal response?
Business