Chemical Engineering Plant Economics
Payback period

Is the length of time over which the earnings on a project equals the investment
All of these
And economic life of a project are the same
Is affected by the variation in earnings after the recovery of the investment

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Chemical Engineering Plant Economics
In a manufacturing industry, break even point occurs, when the

Annual sales equals the fixed cost
Total annual rate of production equals the assigned value
Annual profit equals the expected value
Total annual product cost equals the total annual sales

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