3 Five mutually exclusive, direct benefit alternatives are compared using the B/C method. The alternative to select is: a. J b. K c. L d. M Alternative J K L M N Total Investment, $ million 20 25 33 45 49 Overall B/C Ratio 1.02 1.18 1.12 0.89 0.94 AB/C When Compared to Alternative J - K L M N 1.20 1.42 0.98 0.72 0.80 0.08 0.84 0.89 0.76 1.32
3 Five mutually exclusive, direct benefit alternatives are compared using the B/C method. The alternative to select is: a. J b. K c. L d. M Alternative J K L M N Total Investment, $ million 20 25 33 45 49 Overall B/C Ratio 1.02 1.18 1.12 0.89 0.94 AB/C When Compared to Alternative J - K L M N 1.20 1.42 0.98 0.72 0.80 0.08 0.84 0.89 0.76 1.32
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
Related questions
Question
![7.43
Five mutually exclusive, direct benefit alternatives are compared using the B/C method. The alternative to select is:
a. J
b. K
c. L
d. M
Alternative
J
K
LMN
Total
Investment,
$ million
20
25
33
45
49
Overall
B/C Ratio
AB/C When Compared
to Alternative
JK L M N
1.02
1.18
1.20
1.12
1.42 0.98
0.89 0.72 0.80 0.08
0.94
0.84 0.89 0.76 1.32
-](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F74e6b3cb-d1ba-406f-95bc-b2f0a35f9867%2Fe2b6aba2-89fd-4843-8386-f37cd93b5297%2F8t5xnx9_processed.jpeg&w=3840&q=75)
Transcribed Image Text:7.43
Five mutually exclusive, direct benefit alternatives are compared using the B/C method. The alternative to select is:
a. J
b. K
c. L
d. M
Alternative
J
K
LMN
Total
Investment,
$ million
20
25
33
45
49
Overall
B/C Ratio
AB/C When Compared
to Alternative
JK L M N
1.02
1.18
1.20
1.12
1.42 0.98
0.89 0.72 0.80 0.08
0.94
0.84 0.89 0.76 1.32
-
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