Match the concept according to their definition Prompts Submitted Answers Break-even point Choose a match Payback period The measure of the effectiveness of an investment of capital. Rate of return The potential benefits/gains when an alternative is chosen Opportunity cost The quantity of production at which income is equal to total costs. Bottoms-up approach The time required for an initial investment to be recovered, neglecting the time value of money.

Match the concept according to their definition Prompts Submitted Answers Break-even point Choose a match Payback period The measure of the effectiveness of an investment of capital. Rate of return The potential benefits/gains when an alternative is chosen Opportunity cost The quantity of production at which income is equal to total costs. Bottoms-up approach The time required for an initial investment to be recovered, neglecting the time value of money.

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)

14th Edition

ISBN:9781305506381

Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Chapter5: Business And Economic Forecasting

Section: Chapter Questions

Problem 2E

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