RainMan Inc

question 6

Multiple Choice

RainMan Inc. is in the business of producing rain upon request. They must decide between two investment projects: a new airplane for seeding rain clouds or a new weather control machine built by Dr. Nutzbaum. The discount rate for the new airplane is 9 percent, while the discount rate for the weather machine is 39 percent (it happens to have higher market risk) . Which investment should the company select and why? (Assume a 0 percent inflation rate and that projected costs do not change over time.)

• A)Airplane, because it has a higher NPV
• B)Weather machine, because it has a higher NPV
• C)Airplane, because it has a higher equivalent annual cash flow
• D)Weather machine, because it has a higher equivalent annual cash flow

Describe the methods and techniques used in early psychological research.

Identify the goals of psychology as a discipline.

Differentiate between structuralism, functionalism, behaviorism, and psychoanalysis.

Discuss the influence of the environment and reinforcement in shaping behavior.

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Definitions:

Developing

The process involving growth, advancement, or improvement in skills, knowledge, or capabilities.

Implementing

The process of putting plans, strategies, or policies into action or effect to achieve specific goals or outcomes.

New Ideas

Concepts or perceptions that have not been previously known or recognized, potentially leading to innovation or creative solutions.

Novel Ideas

Original or innovative thoughts and concepts that have not been previously explored or implemented.