yPhone 1 has a price of Php 50,000.00 five years ago, today yPhone 2 with newer technology has been released ma lower value at around Php 30,000.00. This type of depreciation is known as: A) functional depreciation B physical depreciation market depreciation D technological depreciation

yPhone 1 has a price of Php 50,000.00 five years ago, today yPhone 2 with newer technology has been released ma lower value at around Php 30,000.00. This type of depreciation is known as: A) functional depreciation B physical depreciation market depreciation D technological depreciation

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

yPhone 1 has a price of Php 50,000.00 five years ago, today yPhone 2 with newer technology has been released making yPhone 1 of
lower value at around Php 30,000.00. This type of depreciation is known as:
A
functional depreciation
B physical depreciation
market depreciation
D technological depreciation

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