If a firm imposes a capital constraint on investment projects, the appropriate decision criterion is to
select the set of projects that has the highest positive net present value subject to the capital
constraint.
Indicate whether the statement is true or false
TRUE
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Which of the following is the most likely reason that employees regularly attend trade shows and seminars?
A) to analyze the product life cycle B) to test new product concepts C) to get new product ideas D) to imitate competitors' products and strategies E) to implement a team-based new product development approach
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