The ability of a country to produce or supply goods or services at a lower cost than other countries or to possess resources or unique services that are unavailable elsewhere is a:

The ratio of benefits to costs is one way to think of ________

A) sustainability B) profits C) value D) competitive advantage E) distinctive competency

The NCX10 now features a coffee brewing subassembly, so Alex budgets the following cash outlays and incomes for the next five years

If the interest rate is 8%, what is the present value of this investment after the second year? Period Inflow Outflow 0 $5,000 $20,000 1 7,000 1,000 2 8,000 1,500 3 7,000 2,000 4 6,000 3,000 5 5,000 5,000 A) $3264 B) $5572 C) -$3871 D) -$9444