In Japan, Recycling Is Prevalent and Landfill Use Is Relatively

question 73

Multiple Choice

In Japan, recycling is prevalent and landfill use is relatively smaller than the United States because:​

• A)the Japanese have less developed technology for landfills.
• B)the externality problem is not present in Japan.
• C)land is relatively more scarce in Japan.
• D)the Japanese have better recycling technology.
• E)littering is illegal there.

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Definitions:

Future Net Cash Flows

The estimated total cash income minus the total cash expenses expected over a future period.

Net Present Value

The difference between the present value of cash inflows and the present value of cash outflows over a period of time.

Payback Period

The amount of time it takes for an investment to generate enough returns to recover the original investment cost.

Discounted Cash Flow

A valuation method used to estimate the value of an investment based on its expected future cash flows, adjusted for the time value of money.