Question: Prepare a written response: FLB Company needs to replace some of its manufacturing equipment. It is considering two alternatives. Each involves the same amount of
Prepare a written response:
FLB Company needs to replace some of its manufacturing equipment. It is considering two alternatives. Each involves the same amount of initial investment, but the resulting benefits differ. How will marginal benefit-cost analysis help the firm make a decision about which equipment alternative the firm should invest in?as many details as possible, please.
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