Question: Write two or three paragraphs on your thoughts on capital budgeting. Positive NPV projects are economically rare in competitive markets. In other words, for a
Write two or three paragraphs on your thoughts on capital budgeting. Positive NPV projects are economically rare in competitive markets. In other words, for a project to have a positive NPV, it must have some competitive edge. Please propose one characteristic that can bring positive NPV (for example, product differentiation, economies of scale, monopoly, etc.) and provide a real-world example of projects or companies with such a characteristic
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