Suppose Mail Boxes Etc

question 74

Multiple Choice

Suppose Mail Boxes Etc. buys a new copier for its store for $1,000. 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)depreciation
• B)demarcation
• C)devaluation
• D)denouement
• E)disparity

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