Projects with a positive NPV create a. economic profits since ...

[ashley]

Projects with a positive NPV create
 a. economic profits since they earn a return higher than the company's cost of capital
 b. economic profits since they earn a return lower than the company's cost of capital
 c. accounting profits only since they earn a return higher than the company's cost of capital
  d. accounting profits only since they earn a return lower than the company's cost of capital

Question 2

How much more do the Chefs value the high-end woks to the low-end woks?
 a. 20
  b. 30
  c. 40
  d. 50

[Liddy]

Answer to Question 1

a

Answer to Question 2

c