Which of the Following Is NOT One of the Assumptions

question 15

Multiple Choice

Which of the following is NOT one of the assumptions about creating new ventures that has recently changed?

• A) Until the 1990s, energy was relatively expensive
• B) Labor was widely available and, in some countries, cheap.
• C) Access to credit to start businesses was relatively easy.
• D) The information needed to start a business was available with a computer, phone, and internet connection.

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Definitions:

Exponential Functions

Mathematical functions representing growth or decay at a constantly increasing or decreasing rate, often used in modeling population growth or radioactive decay.

Compound Interest

This refers to interest earned or paid on the initial amount of a deposit or loan, plus any interest that has accrued over time.

Present Value

Present value is the current worth of a future sum of money or stream of cash flows given a specified rate of return.

Percentage Calculation

The mathematical process of finding a percentage, which involves multiplying a value by a percent and dividing by 100.