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CSS5 CSS5
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6 years ago
Suppose that investments in derivatives generated $5 million of revenue for Domino Grace during this calendar year. The managers who proposed offering derivatives contend that this statistic demonstrates that offering derivatives increased Domino Grace revenues this calendar year by $5 million. Which of the following points out a flaw in this argument?
A) It assumes that offering derivatives could not have generated less than $5 million.
B) It claims without warrant that offering derivatives will generate high revenues in future years.
C) It fails to demonstrate that offering derivatives generated more money than any alternative would generate.
D) It fails to account for the revenues that could have been generated by alternative uses of the resources that went into offering derivatives.
E) It ignores the possibility that some investors lost money by investing in derivatives through Domino Grace.
Textbook 
Business: A Practical Introduction

Business: A Practical Introduction


Edition: 1st
Authors:
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I have no special talent. I am only passionately curious

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eyemak83eyemak83
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6 years ago
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CSS5 Author
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6 years ago
You make it look and sound so easy, thanks for being my tutor
I have no special talent. I am only passionately curious

Albert Einstein
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