A County Wants to Build One Centrally-Located Processing Facility to Serve

question 192

Multiple Choice

A county wants to build one centrally-located processing facility to serve the county's four recycling drop-off locations. The four drop-offs have characteristics as given in the table below. What is the approximate center of gravity of these four locations?

• A) (4.75, 6.04)
• B) (17.00, 24.00)
• C) (4.25, 6.00)
• D) (4.90, 5.85)
• E) (490, 585)

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Definitions:

Market Index

An aggregate value produced by combining several stocks or other investment vehicles together and expressing their total values against a base value from a specific date.

Active Portfolio

An active portfolio refers to a collection of investments that are managed and regularly adjusted by portfolio managers in an attempt to outperform the market.

Out-Of-The-Money Call

An options contract where the market price of the underlying asset is below the strike price, rendering it unprofitable to exercise.