Author Question: Generally speaking, firms _____ of their capital assets. a. prefer straight-line depreciation ... (Read 121 times)

Collmarie

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Generally speaking, firms _____ of their capital assets.
 
  a. prefer straight-line depreciation
  b. prefer accelerated depreciation
  c. are indifferent between straight-line and accelerated depreciation
   d. prefer not to depreciate

Question 2

Consumer surplus
 
  A) is the difference between what a consumer pays for a good and the producer's cost.
  B) is the extra money a consumer pays above the minimum necessary price for the producer to produce it.
  C) is the difference between what a consumer would willingly pay for a good and the price actually paid.
  D) equals zero in the long run.



fur

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Answer to Question 1

b

Answer to Question 2

C



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