Which of the following best illustrates a technology-forcing standard set by direct regulation?
A) a regulation that requires air filters to be set on high instead of low
B) a regulation that requires air filters to be inspected annually
C) a regulation that requires air quality in a city to be at a predetermined level so that the number of asthma cases will decrease
D) a regulation that requires a factory smokestack to be built above a particular height
C
Business
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Which of the following is incorrect for a borrowing project?
A) its cash flow at time zero is typically an inflow. B) its NPV graph rises as discount rates increase. C) it's acceptable if IRR exceeds cost of capital. D) its NPV is positive.
Business
A societé anonyme is the European counterpart of a U.S. corporation
Indicate whether the statement is true or false
Business