Answered: The period of time required for the…

The period of time required for the project's profit or other benefits to equal the project's cost is the payback period. O True False

Survey Of Economics

10th Edition

ISBN:9781337111522

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter6: Proudction Costs

Section: Chapter Questions

Problem 8SQP

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The period of time required for the project's profit or other benefits to equal the project's cost is the payback period.
O True
False

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