When an investment has a high value under a specific condition but can't be shut down when conditions change,it is said to be:
A) irreversible.
B) diversified.
C) profitable.
D) uncertain.
Correct Answer:
Verified
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Q64: Irreversible investments:
A) are the costs of shifting
Q65: Uncertainty tends to amplify business cycles because:
A)
Q66: If investors are less certain about the
Q67: The more uncertain the world appears:
A) the
Q69: A negative shock reduces capital investments because:
A)
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Q72: Which is widely considered to be the
Q73: Which investment project is most irreversible?
A) the
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