Question

If a firm is evaluating two possible projects, both of which require the use of the same production facilities, and taking one project means that we cannot take the other, these projects would be considered ___.

A. Mutually exclusive
B. Interdependent
C. Independent
D. Co-dependent

Answer 1

A. Mutually exclusive

Step-by-step explanation:

-Mutually exclusive means that two events can't happen at the same time.

-Interdependent is when two or more things depend on each other.

-Independent is when something is not under the influence of something else.

-Co-dependent: is when something depends on the control of something else.

According to this, these projects are mutually exclusive because if one project is taken the other one can't.

Answer 2

Answer: Option (A)

Step-by-step explanation:

In this particular case, we can state that these two projects are considered as mutually exclusive. The term mutually exclusive is used in order to describe or elaborate two or more of such events which do not tend to concur or coincide. This terminology is mostly adhered to in order to express a circumstance under which existence of one event tends to usurps the other event.