All of the following are true when formulating mutually exclusive bundles of independent projects, except: (a) One of the bundles is the do-nothing project. (b) A bundle may consist of only one project. (c) The capital limit may be exceeded as long as it is exceeded by less than 3%. (d) A bundle may include contingent and dependent projects.
All of the following are true when formulating mutually exclusive bundles of independent projects, except: (a) One of the bundles is the do-nothing project. (b) A bundle may consist of only one project. (c) The capital limit may be exceeded as long as it is exceeded by less than 3%. (d) A bundle may include contingent and dependent projects.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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All of the following are true when formulating mutually
exclusive bundles of independent projects, except:
(a) One of the bundles is the do-nothing project.
(b) A bundle may consist of only one project.
(c) The capital limit may be exceeded as long as
it is exceeded by less than 3%.
(d) A bundle may include contingent and dependent
projects.
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