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please show all work In evaluating three mutually exclusive alternatives by the B/C method, the alternatives were ranked in terms of increasing total equivalent cost
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In evaluating three mutually exclusive alternatives by the B/C method, the alternatives were ranked in terms of increasing total equivalent cost ( A,B, and C, respectively), and the following results were obtained for the project incremental B/C ratios: (AB)=1.2,(AC)=.95,(BA)=.98, and (CA)=1.1. On the basis of these results, which alternative would be selected? A All B C
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