Which should management ignore when making the decision, Microeconomics

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Which should management ignore when making the decision

A firm is deciding whether or not to close down its plant and modernize by installing new technology. Which of the following should management ignore when making the decision?

a.How much the present plant cost
b.Cost of lost sales while the plant is closed
c.Added cost of the labor needed for the new plant
d.all of the above

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Microeconomics: Which should management ignore when making the decision

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Microeconomics: Which should management ignore when making the decision

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Have a Question? (oR Write a Review)

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Request for Solution File

Ask an Expert for Answer!!

Microeconomics: Which should management ignore when making the decision

Reference No:- TGS070473

Recent Questions Asked Microeconomics

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