Which of the following is the cause of expected obsolescence ?
a) change in demand b) natural calamities
c) change in tecnology d) both a and c
Dear student,
Answer should be option d. (Both A and C).
As, machines/capital goods become obsolete due to :
(a) change in technique of production
(b) due to change in fashion resulting in fall in demand for goods and services which the machine produces.
Regards,
Answer should be option d. (Both A and C).
As, machines/capital goods become obsolete due to :
(a) change in technique of production
(b) due to change in fashion resulting in fall in demand for goods and services which the machine produces.
Regards,