Answer:
Functional Obsolescence.
Explanation:
One reason for the difference between the current market value of a building and the total cost to reproduce it is related to changes in tastes, preferences, technical innovations, or market standards, which is commonly referred to as functional obsolescence.
Functional obsolescence can be defined as depreciation in value due to reduction in desirability or functionality as a result of an obsolete design.
This will readily apply to buildings that have to be broken down most times in order to build a new one because their designs are outdated.
Answer and Explanation:
Income statement-Partial
Income from operation 6545600
Other revenue & gains
Interest revenue 17250
6562850
other expenses & losses
Loss due to volcano 787700
Impairment loss 49730
Income before income tax 5725420
income tax 1717626
Net income /loss 4007794
Per share common stock
Net income /loss 0.81
Earning per share
Earning per share common stock
Income from operation(6545600/4936300) 1.33
Non operating income
interest revenue (17250/4936300) 0.003
Income before extraordinary items 1.33
extraordinary loss
(787700+49730)/4936300 -0.17
Income tax expenses (1717626/4936300) -0.35
Net income 0.81
<span>A nation seeking to increase its overall productivity might be best served by investing money into technology. Advances in technology which translates into a more productive economic activity as creation and delivery of goods and services are increased.</span>
Answer:
What caused china's phenomenal economic growth rate over the last 30 years
There are many causes for China's economic miracle in recent decades.
The first cause is that China decided to open the country to foreign investment in some parts of the country, the famous Special Economic Zones, the first one having been located in the city of Shenzhen, north of Hong Kong. This flow of capital boosted inustrial growth.
The second cause is that China became a manufacturing powerhouse due to lower labor costs, reason why most developed countries outsourced a large precentage of their manufacturing sector to China.
A third cause is that the Chinese government worked closely with both domestic firms and foreign firms in specific sectors, promoting a mixed economy in between economic planning and a market economy.
why is it likely unsustainable in the long run?
China's growth is likely unsustainable in the long run because as a country develops and catches up with the advanced world, its rate of growth tends to fall due to a myriad of reason, from capital exhaustion to lower demographic growth, to a less dynamic consumer market in several sectors.
Answer: d. elastic section of the demand curve.
Explanation:
When using a linear demand curve, it has been found that the top half of the curve represents the elastic section which is where the section A to B cover so this is the elastic section.
The mid point which is B here is the unitary elastic portion of the curve and the bottom half of point B to C is the inelastic section.
In the elastic section, increasing the price by a certain percentage would cause the quantity demanded to fall by a higher percentage than the percentage increase in price.