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What is viable and non viable …

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What is viable and non viable industry give example?

    • Posted by Diksha Bangar 7 years, 5 months ago

    CBSE > Class 12 > Economics
    • 3 answers

    Dawit Woldeyohannes 4 years, 5 months ago

    viable industry is an industry in which demand and supply curves intersect at any positive quantity ....non viable is the reverse of viable..... tnx ☺

    0Thank You

    Kashish Sood 4 years, 7 months ago

    viable industry are those industry for which supply curve and demand curve intersect each other in positive axis in the viable industry supply and demand curve must intersect at some positive point example of viable industry is manufacturing sector non viable industry non viable industry refers to an industry for which supply curve and demand curve never intersect each other in the positive axis in non viable industry supply curve lies above the demand curve. the reason is that the prices are too high for the consumers examples of non viable industry are commercial aircraft cell phones and copying machines thank u ... please like my answer if you completely understand it...have a nice day

    1Thank You

    Amar Kumar 7 years, 5 months ago

    Non-viable Industry :The industry for which demand curve and supply do not intersect each other at any positive quantity is called non-viable industry.A non-viable industry is one which will not produce the product in an economy. It may be because cost of the product is too high and the consumers are not willing to pay a price that will cover the cost.

    Example, commercial aircrafts is a non-viable industry in India. In this case demand and supply curve will not intersect.

    Viable Industry: In case of viable industry supply and demand curve must Intersect at same point.

    Manufacturing sector: According to a study by global management consulting firm McKinsey, the manufacturing sector in India could grow six-fold to US$ 1 trillion, by 2025.

    1Thank You

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