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According to the article “The Grim Payback of Greed” our level of consumerism: a. is essentially a creation of the 20th century. b. has declined in the West but is growing rapidly in developing countries. c. is highly correlated with reported levels of happiness. d. is tied to our vast wealth, and to forces in the modern world that encourage people to act on their consumption desires.

Introduction:Competition Bikes Inc. is considering an expansion to Canada and is trying to determine whether to merge with or acquire the Canadian Biking Inc. facility. Part of the consideration in the decision to merge with Canadian Biking, Inc. or to acquire Canadian Biking is the source and management of the working capital for the operation.

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