Examlex
A photocopier cost $105,000 when new and has accumulated depreciation of $96,000. If the business discards this plant asset, the result is ________.
Domestic Supply
The total amount of a product or service produced within a country, available for consumption or export within its borders.
Domestic Demand
The total demand for goods and services within a country, excluding external trade.
World Price
The price at which goods are traded internationally, determining how much a product costs across different countries.
Free Trade
Free trade is the unrestricted exchange of goods and services between countries without tariffs, quotas, or other trade barriers.
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