As a top manager, you must decide firm which of the proposed projects should be accepted for the upcoming year since only $6 million is available for the next year's capital budget. What is the total NPV of the projects that should be accepted? 
Definitions:
Perfect Complements
Goods that are consumed together in fixed proportions, where the utility derived from consuming the combination is greater than the sum of utilities from consuming the goods separately.
Pure Exchange Economy
An economic model where there is no production, and agents trade endowments of goods that they own initially.
Utility Function
A mathematical representation of how consumers rank different bundles of goods according to the levels of satisfaction those goods provide.
Numeraire
A standard unit of account in economics used to compare the value of goods and services.
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