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Which of the Following Is an Advantage of a Geographic

question 70

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Which of the following is an advantage of a geographic information system?


Definitions:

Opportunity Cost

The benefit that is missed or given up when choosing one alternative over another.

Cash Outlay

The total amount of money spent on a particular purchase or investment.

Alternative Investments

Investments in asset classes other than stocks, bonds, and cash, such as real estate, hedge funds, or commodities.

Differential Cost

The variance in price between two different choices or alterations in production volumes.

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