What Is the Main Factor That Determines Where People Live

question 142

Multiple Choice

What is the main factor that determines where people live in Southwest Asia and North Africa?

• A) a plentiful supply of raw materials for industry
• B) a plentiful supply of water
• C) a region that can be easily defended from attack
• D) location near a major trade route
• E) location near a railroad

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Definitions:

IOS

Investment opportunity schedule. A schedule of capital budgeting projects arranged in decreasing order of IRR.

WACC

Weighted Average Cost of Capital; it represents a firm's blended cost of capital across all sources, including both debt and equity.

MCC Schedule

Marginal cost of capital schedule. A plot of the WACC (weighted average cost of capital) against the total amount of capital to be raised in a planning period. The MCC rises as more capital is raised and the costs of individual components experience step function increases.

Capital Spending

Refers to funds spent by a business or government on acquiring or maintaining physical assets such as property, plants, and equipment.