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Two machines that cannot both be bought, so only one may be chosen, are described as:
AMutually expanded
BMutually exchanged
CMutually exclusive
DMutually extended
Answer & Solution
Correct answer: C. Mutually exclusive
1. Choosing one rules out the other.
2. The decision is either or.
3. They are mutually exclusive.
_Source: OpenStax Principles of Finance 2e, Chapter 16, How Companies Think about Investing._
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