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

  • CreatedFebruary 25, 2015
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