Answer:
$11,250
Explanation:
The computation of depreciation expense for the second year is given below:-
Double declining rate = 1 ÷ 8 × 2
= 25%
Here, for computing the depreciation for 2nd year we need to first calculate the 1st year of depreciation.
Depreciation for the 1st year = Purchase cost × Double declining rate
= $60,000 × 25%
= $15,000
Depreciation for the 2nd year = (Purchase cost - Depreciation for the 1st year) × Double declining rate
= ($60,000 - $15,000) × 25%
= $45,000 × 25%
= $11,250
By taxation or selling government bonds.
Answer:
I have forgotten later I tell you
Explanation:
Answer:
The answer is: remain the same
Explanation:
The marginal utility of a good or service is how much better we feel when consuming an extra unit of that good or service. For example if we are very thirsty, the marginal utility of consuming a can of Coke is very large, but once our thirst is quenched, an extra can of Coke will not provide use with that much satisfaction as before.
If the price of a substitute good increases, the marginal utility of the good whose price didn't change, will remain the same.
Let's go back to the Coke example. An extra can of Coke will give me 5 more satisfaction units (I'm assuming I can measure satisfaction) and an extra slice of pizza will give me 7 more units of satisfaction. If the price of Coke increases from 50 cents to $1, its marginal utility will decrease. I will buy more pizza because the satisfaction I get from drinking Coke is now smaller.
