Question related to MPC
What will it be while the MPC is 1, .9, .67, .5, and 0?
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The multiplier values for the MPC values: undefined, 10, 3 (approx. really 3.03), 2, 0.
Describe the decision rule for accepting or rejecting proposed projects while using net present value? While using the net present value decision rule any project along with a net present value greater than or equal to zero would be acceptable.
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