When two projects can share the same economic resource,the projects are generally considered to be
A)mutually exclusive.
B)independent.
C)underfunded.
D)inferior.
E)financially equivalent.

Question

Quizplus · Accepted Answer

When two projects can share the same economic resource, they are considered independent. This means that the projects can coexist without affecting each other. In contrast, mutually exclusive projects cannot be pursued simultaneously because choosing one implies giving up the other. Underfunded and inferior are not fitting descriptors as they do not relate to the relationship between two projects. Financial equivalence pertains to comparing alternatives based on their present value or cost, but does not capture the concept of sharing resources. Therefore, the best choice is B.

When Two Projects Can Share the Same Economic Resource,the Projects