One Primary Reason That Environmental Optimists Are Not Concerned with Natural

question 75

Multiple Choice

One primary reason that environmental optimists are not concerned with natural resource depletion is they believe that

• A) natural resource depletion is a positive indicator that there is a higher standard of living throughout the world.
• B) natural resource depletion is necessary for LDCs to develop economically.
• C) technological innovation will allow the development of synthetic materials to replace natural resources.
• D) natural resource depletion will decrease once alter­native forms of energy become readily available.

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Definitions:

Subjectively

Based on personal feelings, tastes, or opinions rather than external facts or evidence.

Capital Budgeting

The process of evaluating and selecting long-term investments that are in alignment with the goal of shareholder wealth maximization.

Standard Deviation

A statistical measure that quantifies the amount of variation or dispersion of a set of data values, often used to assess risk in investment portfolios.

Investment's Cash Flows

The cash that is generated or expended over the course of an investment's life.