Examlex
Which of the following would NOT shift the demand curve for a good or service?
Salvage Value
The estimated value remaining in an asset after it has served its purpose.
Depreciation Expense
The systematic allocation of the cost of a tangible asset over its useful life, reflecting its consumption, wear and tear, or obsolescence.
Useful Life
The estimated time period that an asset is expected to be usable, contributing to the revenue-generating activities of a business.
Straight-Line Method
The straight-line method is a depreciation technique that allocates an even portion of an asset's cost to each year of the asset's useful life.
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