Alby ltd. is a cement manufacturing plant. Alby calculates the NVP of buying a new cement mixer. he turns down the capital investment. what is the most likely reason? a- he does not have time to shop around
b- his employees don’t know how to operate a cement mixer
c- the net present value of the project is negative
d- there are no reliable vendors for cement mixers

Choose the statement that is incorrect. a. search activity occurs only in markets where there is a shortage. b. when a price is regulated and there is a shortage, search activity increases. c. the time spent looking for someone with whom to do business is called search activity. d. the opportunity cost of a good is equal to its price plus the value of the search time spent finding the good.