Incurable depreciation refers to items of depreciation that either are physically impossible to cure or are too expensive to be worth curing. If the cost to fix the problem exceeds the loss in value caused by the problem, then it does not make economic sense to repair it.
<h3>Incurable deterioration</h3>
Incurable deterioration is a type of depreciation that is considered incurable even if the repairs were to be made. In simple terms, the cost of repairing the item(s) exceeds the value it would add, and, therefore, there is no economic benefit to fixing them.
Economic obsolescence refers to the loss of value of a real estate property that is caused by factors that are external to the property.
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Great Lakes ships to move across a vast expanse of territory in which water levels fall more than 182 m which is 600 feet from Lake Superior to the Atlantic Ocean. During that journey, a vessel will pass through 16 separate locks.
Answer: It can pay off its debts.
Explanation:
Answer:
Either A or C.
Explanation:
You didn't put the text we are supposed to read so I am not sure.
You can choose a price that <u>maximizes your profits</u>.
<u>Explanation</u>:
If you are the only clothes producer in the industry, it is known as monopoly. Monopoly means a single seller selling a unique product without competition.
The monopoly seller has the right to choose the price for his goods. He can fix the price in the way to maximize his profit. As he is the sole seller, he will not have any competitions in the industry. This in turn helps him to make lot of profit on producing clothes with full freedom in fixing the price of the clothes.