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A mutually exclusive investment decision is defined as a situation where: a. a firm has an exclusive contract to produce a certain product. b. a
A mutually exclusive investment decision is defined as a situation where:
a. | a firm has an exclusive contract to produce a certain product. | |
b. | a firm owns the sole supply of a resource needed to manufacture a particular product.
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c. | an investment in project A prohibits you from investing in project B. | |
d. | a firm must decide if it wants to expand into Florida or Georgia, or both. | |
e. | one firm is the only firm capable of handling a particular project |
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