Examlex
The opportunity cost of moving from point T to point Q would be
Machinery
Physical devices or equipment designed to perform specific tasks in industrial or commercial settings, often part of the fixed assets of a business.
Soft Rationing
The situation that occurs when units in a business are allocated a certain amount of financing for capital budgeting.
Hard Rationing
The situation that occurs when a business cannot raise financing for a project under any circumstances.
Hard Capital Rationing
A situation where a company is unable to secure additional funding from external sources like equity or debt markets.
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