Answer to Question #20689 in Economics of Enterprise for mesfin

Question #20689
The production department achieves a technological breakthrough, which reduces production cost.- will increase value of the firm
1
Expert's answer
2012-12-18T10:34:29-0500
The production department achieves a technological breakthrough, which reduces production cost. It will increase value of the firm, because the costs are reduced, as it has invested in a positive NPV investment in technology.

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