Which of the Following Is Not a Potential Business Impact

question 59

Multiple Choice

Which of the following is not a potential business impact resulting from alternative energy sources?

• A) The cost of alternative energy sources is increasing with technical advances
• B) The deregulation of the energy industry is expected to create a huge spurt of innovative entrepreneurship
• C) Oil will remain the world's most important energy resource
• D) None of these

Use probability to assess the likelihood of combined characteristics or traits.

Interpret survey data to determine probabilities involving overlapping sets.

Calculate the probability of an event occurring given the probability of two or more other interrelated events.

Understand concepts of intersection and union in the context of probability.

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Definitions:

CPI Rose

Refers to an increase in the Consumer Price Index, indicating that the average prices of consumer goods and services have gone up, often a measure of inflation.

$7 Per Hour

A specified wage rate where an individual or worker is paid seven dollars for each hour worked.

Purchasing Power

The economic value of a currency depicted by the number of goods or services obtainable by a single monetary unit.

US$ Per C$

The exchange rate that defines how much one can buy in US dollars (US$) with one Canadian dollar (C$).