Answer: A
Explanation:
The one that is clearly out of place would be A
Answer:
Residual or salvage value isn't needed in the calculation of deprecation expense using the double declining method.
Explanation:
Deprecation expense using the double declining method = [2 ×(1/useful life)] × cost of the asset
I hope my answer helps you
Answer:
The private cost for an individual of a liter of gasoline in Europe is 4.75
Explanation:
Private cost is a supplier's or producer's cost of providing goods and services without any external cost.
Private cost = 0.50 + 1 + 0.75 + 2.50
= 4.75
Therefore, The private cost for an individual of a liter of gasoline in Europe is 4.75
The correct answer would be 81
Answer: Option (a) is correct.
Explanation:
Income elasticity of demand measures the responsiveness of quantity demanded with change in the income level of an individual.
Income of an individual has a positive relationship with the demand for normal goods and has a negative relationship with the demand for inferior goods.
