Beaverton Lumber purchased milling equipment for $43,000. In addition to the purchase price, Beaverton made the following expenditures: freight, $2,300; installation, $3,800; testing, $2,800; personal property tax on the equipment for the first year, $900. What is the initial cost of the equipment

Why is following an unrelated diversification strategy especially advantageous in an emerging economy? a. it allows the conglomerate to overcome institutional weaknesses in emerging economies. b. it allows the conglomerate to form a monopoly in emerging economies. c. it allows the conglomerate to use well-defined legal systems in emerging economies. d. it allows the conglomerate to take advantage of strong capital markets in emerging economies.