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The problem with the above method crops up when we want to compare two or more dissimilar (different sized) projects. A mega project may yield a very large NPV sum, whereas a mini Project may yield a very small NPV; but that should not mean that a mega project is commercial; y more profitable than a mini project. To facilitate comparison in such cases, it is suggested that in place of deviation (i.e., GPV – I), one should use a ratio (GPV/I) criteria, because ratios facilitate meaningful comparisons, without creating any bias because of factor like size of project, size and spread of return and costs, life of the project etc. Also note that these ratios is named as index, to be exact, profitability index.
sources of oligopoly
First, explain the concepts of income, wealth and money and show how each is related to the other. Next, explain the concept of the monetary base and indicate its economic signific
New trade theory
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EVALUATING THE IMPLICATION OF IMPLIMENTING PRODUCT MIX FOR FREIGHT RAILWAYS
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