Engineering Economics
“When one of the factors of production is fixed in quantity or is difficult to increase, increasing the other factors of production will result in a less than proportionate increase in output”. This statement is known as the:

Law of demand
Law of diminishing return
Law of supply and demand
Law of supply

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Engineering Economics
Which is true about corporation?

The stock holders of the corporation are only liable to the extent of their investments.
Its life is dependent on the lives of the incorporators.
It is worse type of business organization.
The minimum number of incorporators to start a corporation is three.

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Engineering Economics
The financial analysis:

Helps a bank to know the financial position of the firm for granting a loan to the firm
Helps to judge the success of the firm's financial plans
Helps a share holder to compare the expected return on his investment in the firm against the expected return from other alternative investment
All of these

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