For each pair of investment opportunities indicate if they are
For each pair of investment opportunities, indicate if they are more likely to be mutually exclusive or independent projects. Explain your choices.
a. Cruise line:
i. Build a cruise ship to carry 10,000 passengers
ii. Build two ships each carrying 5,000 passengers
b. Mining company in northern Alberta:
i. Use old open pit mine for waste disposal
ii. Use old open pit mine for fishing and hunting lodge
c. University:
i. Use classroom for tutorials
ii. Use classroom for faculty meetings
d. You:
i. Latte
ii. Cappuccino
e. You:
i. Salad
ii. Steak

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