Once the Firm Has Already Taken All Positive-NPV Projects,any Additional

question 28

Multiple Choice

Once the firm has already taken all positive-NPV projects,any additional projects it takes on are ________ investments.

• A) zero or positive-NPV
• B) positive-NPV
• C) zero or negative-NPV
• D) zero-NPV

---

Definitions:

Intermediaries

Entities that act as middlemen in the distribution chain between producers and consumers or between different businesses.

Air Transportation

The conveyance of people or goods from one place to another using aircraft.

Antique Porcelain

A category of collectible or valuable ceramics made in earlier periods, often prized for their craftsmanship, history, and aesthetic qualities.

Valued

Considered to be of importance, worth, or usefulness in a particular context.