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Which is NOT a method of depreciation?
Simplifications
The process of making something easier to understand or do by reducing its complexity.
Trade-Offs
Decisions made that involve a sacrifice of one thing to obtain another, often used in discussions of economic and personal choices.
Opportunity Cost
This represents the value of the best alternative foregone when a decision to pursue a certain action is made.
Given Budget
A specified sum of money allocated for a particular purpose, often within a fixed time period.
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