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By reading any business publication gives examples that illustrate one of the four principles of engineering economics

Fundamental Principles in Engineering Economics

Principles:

1- A nearby Dollar is worth more than a distant dollar.

2- All that counts is the differences among alternatives

3-Marginal revenue must exceed marginal cost

4-Additional risk is not taken without the expected additional return.

(homework, using these four things)

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91720426

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