Suppose a project results in a net stream of $200 per year for 4 years, but nothing thereafter, Assume that the discount rate is 5 percent. The discounted value of the total income stream over the 4-year period is ?…

he efficiency wage is the ? A. wage costs per unit of output B. wage rate that prevails in LDCsC. Wage rate divided by the productivity of labor D. marginal product of labor divided by wage

James Pickett D. J. C. Forsyth, and N. S McBain on the basis of field research in Africa, concluded that business people often want to use the most advanced design without knowing that it may not be the most profitable.…