Depreciation represents:
A. The consumption of capital in the production process.
B. A loss of productive capability as a result of the inefficient use of resources.
C. Wasted capital.
D. Gross investment plus net investment.
Answer:A
Depreciation represents:
A. The consumption of capital in the production process. B. A loss of productive capability as a result of the inefficient use of resources. C. Wasted capital. D. Gross investment plus net investment.