Question

investment to replace working but obsolete equipment with more efficient ones is generally done for_____

a expansion of existing productive capacity
b none of above
C expansion into new market
d cost reduction​

Answer 1

Answer:

Option D is the right ans - cost reduction

Answer 2

Concept Introduction:-

The commitment the ability of the asset to appreciate in value over time is known as investment.

Explanation:-

We have been provided a fill in the blanks

We need to choose from the given alternatives the correct option

The correct option is $d$ cost reduction​

It is because Cost reduction is the process of lowering a company's expenses in order to increase profits.

Final Answer:-

The correct answer is option  $d$ cost reduction​, investment to replace working but obsolete equipment with more efficient ones is generally done for cost reduction​.

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