Name two conditions that can cause a capital asset to depreciate

What will be an ideal response?

Capital assets can depreciate due to physical wear and/or the asset becomes obsolete due to a change in technology or consumer tastes and preferences.

Economics

You might also like to view...

The supply of product X is inelastic (but not perfectly inelastic) if the price of X rises by:

A. 5 percent and quantity supplied rises by 7 percent. B. 8 percent and quantity supplied rises by 8 percent. C. 10 percent and quantity supplied remains the same. D. 7 percent and quantity supplied rises by 5 percent.

Economics

The unemployed are those people who:

A.  Do not have jobs B.  Are not employed but are seeking work C.  Are not working D.  Are not in the workforce

Economics