When two projects can share the same economic resource,the projects are generally considered to be
A)mutually exclusive.
B)independent.
C)underfunded.
D)inferior.
E)financially equivalent.

Question

Quizplus · Accepted Answer

When two projects can share the same economic resource, they are considered independent projects. This means that the outcome of one project does not affect the outcome of the other project. Mutually exclusive projects, on the other hand, cannot be pursued simultaneously because they require the same resource. Underfunded projects do not have sufficient funds to be completed, while inferior projects have lower profitability or return on investment compared to other projects. Financially equivalent projects have the same cost and benefit structure, making them interchangeable.

When Two Projects Can Share the Same Economic Resource,the Projects