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Discussion :: Engineering Economics

  1. Pick up the correct statement from the following:

  2. A.

     The capital required to get a project started is the first cost

    B.

     The first cost is a single cash flow or a series of cash flows that are made in the beginning of the activity's life span

    C.

     The first cost of purchasing a car is the sum of the down payment, taxes and dealers charges

    D.

     All of these

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    Answer : Option D

    Explanation :

    Explanation Not Provided


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