Pls answer question no 4 and 8
Dear Student
4. Option (b) Depreciation
( Consumption of fixed capital is a related concept of depreciation. Consumption of fixed capital is equal to the sum of depreciation, expected obsolesce and accidental damages. That is,
Consumption of fixed capital=Depreciation+Expected obsolesce+ Accidental damages)
8. Option (b) NDPFC
( NVAFC means net value added at factor cost which is equal to NDPFC ( Net domestic product at Factor cost).
Regards
4. Option (b) Depreciation
( Consumption of fixed capital is a related concept of depreciation. Consumption of fixed capital is equal to the sum of depreciation, expected obsolesce and accidental damages. That is,
Consumption of fixed capital=Depreciation+Expected obsolesce+ Accidental damages)
8. Option (b) NDPFC
( NVAFC means net value added at factor cost which is equal to NDPFC ( Net domestic product at Factor cost).
Regards