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shopaka12 shopaka12
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A year ago
Consider the production costs for a firm, one of which is the cost of depreciation. Depreciation costs are

▸ a measure of the depreciation of financial assets of the firm.

▸ an estimate of the loss of value of the firm's physical capital.

▸ payments to outside suppliers.

▸ irrelevant to an accounting of the firm's total costs.

▸ the cost of money borrowed to buy a durable asset.
Textbook 
Microeconomics

Microeconomics


Edition: 17th
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armywahinearmywahine
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A year ago
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