Complete the final sentence with the best choice. Business assets have limited useful lives. After being used for a number of years, they must be retired from the business regardless of efforts to maintain or repair them. At the time of retirement, the assets may have a small trade-in or scrap value, or could be worthless. In either case, there is a loss in the value of the property. This loss is called .

Depreciation

Explanation:

A business asset is an item which a company owns or leases in order to operate. It can be physical, tangible goods, such as vehicles, computers, office furniture etc.

These assets actually create value in your business - for example, intellectual property, goodwill etc.

Scrap value refers to the worth of an asset when it is deemed no longer usable.

Depreciation refers to the reduction in the value of an asset over time.

Depreciation refers to a loss in the value of the property after being used for a number of years.

answer: marginal utility of the fourth brownie is 0.

explanation: marginal utility is the addtional utility gained from the consumption of one more unit of a good. it is given by,

so, marginal utility at the 4th unit will be given by

since, the values are not given here, you can simply find marginal utility at fourth unit by subtracting total utility at 3rd unit from total utility at 4th unit.