63. The sum of the first cost and the present worth of all costs of replacement, operation and maintenance for a long time or forever. capitalized cost bond cost of repair maintenance cost
63. The sum of the first cost and the present worth of all costs of replacement, operation and maintenance for a long time or forever. capitalized cost bond cost of repair maintenance cost
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question
63-64

Transcribed Image Text:63. The sum of the first cost and the
present worth of all costs of
replacement, operation and
maintenance for a long time or forever.
capitalized cost
bond
cost of repair
maintenance cost
64. It is the price obtained from the sale of
the property as second hand.
fair value
use value
salvage value
scrap value
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