Question: Consider the mutually exclusive alternatives in Table P10-16. Which alternative would be chosen according to these decision criteria? a. Maximum benefit b. Minimum cost c.

Consider the mutually exclusive alternatives in Table P10-16. Which alternative would be chosen according to these decision criteria?
a. Maximum benefit
b. Minimum cost
c. Maximum benefits minus costs
d. Largest investment having an incremental B-C ratio larger than one
e. Largest B-C ratio
Which project should be chosen?

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