True or false, no need to explain. 1. The most ideal method of evaluating whether an investment is profitable or not is to compute the number of years one can recover the investment. 2. If the profitability index is greater than zero, the investment is acceptable. 3. Consumers and producers may not be able to come up with optimal decisions if there is an incomplete information.

True or false, no need to explain. 1. The most ideal method of evaluating whether an investment is profitable or not is to compute the number of years one can recover the investment. 2. If the profitability index is greater than zero, the investment is acceptable. 3. Consumers and producers may not be able to come up with optimal decisions if there is an incomplete information.

Microeconomics: Principles & Policy

14th Edition

ISBN:9781337794992

Author:William J. Baumol, Alan S. Blinder, John L. Solow

Publisher:William J. Baumol, Alan S. Blinder, John L. Solow

Chapter5: Consumer Choice: Individual And Market Demand

Section: Chapter Questions

Problem 5DQ

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Similar questions

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