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Explain why deforestation and reducing the biodiversity is such an important issue in Latin America. Be sure to explain the impact these have as a positive externality.
Fixed Costs
Costs that do not vary with the volume of production or sales, such as rent, salaries, and insurance.
Discounted Cash Flow (DCF)
A valuation method used to estimate the value of an investment based on its future cash flows, adjusted for the time value of money.
Capital Budgeting Techniques
Methods used to evaluate and prioritize investment projects or expenditures, such as NPV, IRR, Payback Period, and Profitability Index.
Small Businesses
Enterprises characterized by a small number of employees, limited revenue, and size within their industry.
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