
Issues in Economics Today 7th Edition by Robert Guell
Edition 7ISBN: 978-0078021817
Issues in Economics Today 7th Edition by Robert Guell
Edition 7ISBN: 978-0078021817 Exercise 9
When evaluating a business decision, an economist will often resort to the use of present value because
A) the profits may not be large enough to warrant the time and attention of the investor.
B) the investment occurs in one time period and the profits in another.
C) the investment is often in one currency and the profits in another.
D) the investment is often under one set of managers and the profits under another.
A) the profits may not be large enough to warrant the time and attention of the investor.
B) the investment occurs in one time period and the profits in another.
C) the investment is often in one currency and the profits in another.
D) the investment is often under one set of managers and the profits under another.
Explanation
Hence, option (a)is incorrect.
The pres...
Issues in Economics Today 7th Edition by Robert Guell
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