When evaluating a business decision, an economist will often resort to the use of present value because
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When evaluating a business decision, an economist will often resort to the use of present value because
a. The profits may not be large enough to warrant the time and attention of the investor.
b. The investment occurs in one time period and the profits in another.
c. The investment is often in one currency and the profits in another.
d. The investment is often under one set of managers and the profits under another.
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b The investment occurs in one time period and the profits in another Explana...View the full answer
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