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Positive NPV Projects Exist Because

question 5

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Positive NPV projects exist because:


Definitions:

Hindsight Bias

The tendency to believe, after an event has occurred, that one would have foreseen or predicted the outcome.

Egocentric

Having or regarding the self or the individual as the center of all things.

Stereotypical

Relating to a widely held but fixed and oversimplified image or idea of a particular type of person or thing.

Mnemonic Device

A tool or strategy used to improve memory by making information easier to remember.

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