What are lumpy assets economies of scale and excess


1. What are Lumpy Assets, Economies of Scale and Excess Capacity and how does each affect the financial planning process?

2. What is the payback period for the following set of cash flows?

Year Cash Flow

0 -5870

1 1642

2 1562

3 1647

4 1840

3. Marketing begins with a product, a good, service, or idea.

True

False

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Financial Management: What are lumpy assets economies of scale and excess
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