Plant and Equipment That Is "Used Up" in Producing Current

question 157

Multiple Choice

Plant and equipment that is "used up" in producing current output is

• A)marginal product.
• B)depreciation.
• C)deficit product.
• D)marginal rate of usage.

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Definitions:

Reflex Response

An automatic, involuntary reaction to a stimulus that does not involve a conscious decision.

Automatically Grasp

An instinctive or inherent understanding or recognition of concepts or situations without the need for conscious reasoning.

Objects

Material things that can be seen and touched, existing in physical reality.

Habituation

The method by which one becomes used to a stimulus through continuous exposure, resulting in a diminished reaction.