Assume That a Firm Wants to Build a Factory That

question 155

Multiple Choice

Assume that a firm wants to build a factory that will cost $5 million. It believes that it can get a return of $600,000 in one year and then can sell the used factory for its original cost. The rate of return on this investment would be:

• A) 6 percent.
• B) 12 percent.
• C) 18 percent.
• D) 30 percent.

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Definitions:

Gender Expectations

Socially constructed norms and beliefs about the behaviors and attributes considered appropriate for men and women in a given society.

Physical Attractiveness

The degree to which a person's physical traits are considered aesthetically pleasing or beautiful by others.

Formal Operational

Describes a stage in Jean Piaget's theory of cognitive development, where individuals (typically adolescents and adults) gain the ability to think abstractly and reason logically.

Piaget

A Swiss psychologist known for his developmental stage theory that describes how children's cognitive abilities evolve.