Answer:
B. $20,000
Explanation:
Depreciation in year 3 = $80,000
According to the sum of the Years' Digits Depreciation, the depreciation for an asset bought for $500,000 and an expected life of 8 years, at year 3, is given by:
The salvage value used in computing the depreciation charges is $20,000.
Answer:
TRUE
Explanation:
Because the price is below equilibrium the quantity will fall and shortage will ocour. Because of that the price in the black market will become even higher than it was before the price control, making the price control counter productive.
So this additional demand is met at much higher prices than legal market.
