Suppose Mail Boxes Etc. buys a new copier for its store for $1000. A year later, when the firm wants to upgrade to a new copier, it finds that the old copier is only worth $750. Over the year the copier was used, ________ has occurred

A) replacement investment
B) gross investment
C) depreciation
D) net investment

C

Economics

You might also like to view...

An investor who bases the decision to buy an asset solely on the expected return of an asset is considered to be:

A) risk loving B) risk averse C) risk neutral D) risk avoiding

Economics

Price Per PizzaQuantity Demanded$0?$5200$1075 Refer to the table, which shows part of the weekly demand schedule for pizza in a certain town. The current market price for pizza is $5 per pizza. According to the laws of economics, which of the following could be the missing number?

A. 125 B. 500 C. 0 D. Infinity

Economics