lease or buy

This topic contains 1 reply, has 2 voices, and was last updated by Avatar of johnmoffat John Moffat 11 months, 2 weeks ago. This post has been viewed 83 times

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    kasonde
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    I don’t understand when they say the project is either divisible or non-divisible. clarify for me please


    Avatar of johnmoffat
    John Moffat
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    Divisible / non-divisible applies to capital rationing questions.

    If they are divisible then you can do fractions of projects (e.g. half a project). If they are non-divisible then you can only do the whole project (or not do it at all).

    If you watch my lecture on capital rationing it explains the effect of this on the solution.

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