Question: Firm X has several projects in line for implementation. It has the following estimates for the NPV of the projects and its resource needs: 3

Firm X has several projects in line for implementation. It has the following estimates for the NPV of the projects and its resource needs: 3 (a) Suppose that the firm has a total capital budget of $60 mio. How should it prioritize these projects. (b) Suppose in addition that the firm currently has only 15 research scientists and does not anticipate to be able to hire anytime soon. How should the firm prioritize the projects. (c) If instead the firm has 12 research scientist, how should it choose the projects
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