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According to the Graph Shown,consumer Surplus Is

question 93

Multiple Choice

  According to the graph shown,consumer surplus is: A)  $36. B)  $72. C)  $120 D)  None of these. According to the graph shown,consumer surplus is:

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Definitions:

Useful Life

The expected time period over which an asset is useful to the owner.

Double-declining-balance

An accelerated method of depreciation which double the rate of normal depreciation, reducing the value of assets more quickly.

Depreciation Expense

The yearly allocation of the cost of an asset over its useful life, reflecting the asset's usage and wear and tear over time.

Book Value

The net value of a company's assets minus its liabilities and intangible assets, often used to estimate a company's worth in liquidation scenarios.

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