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4 August, 17:13

Which of the following best describes depreciation?

A. A decrease in price or value over time

B. Admiration of the car

C. A discount on the price of the car

D. An increase in price or value over time

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Answers (1)
  1. 4 August, 20:15
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    Answer:Option A describes best for the word "depreciation", decrease in price or value over time

    Step-by-step explanation:

    Depreciation is defined as the reduction in value of an asset with the passage of time. Option A decribes the same, decrease in price or value over time.

    The reasons for depreciation might be due to various reasons like poor maintenance and service, e. t. c

    Option C describes sale and option D describes increase in rise of the product. Of all the options given, Option A decribes depreciation.
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