If the opportunity cost of financial capital for CleanAir Motors Inc. is 10%, CleanAir Motors Inc. will invest ___ in R&D if it receives both the private and social benefits of this investment.
A. $2000
B. $1500
C. $1000
D. $500
Answer:B
If the opportunity cost of financial capital for CleanAir Motors Inc. is 10%, CleanAir Motors Inc. will invest ___ in R&D if it receives both the private and social benefits of this investment.
A. $2000 B. $1500 C. $1000 D. $500
Explanation: Type: Multiple Choice