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The loss in the value of an asset, such as an automobile, that occurs over its period of ownership; calculated as the di

Posted: Thu Jul 21, 2022 8:53 pm
by answerhappygod
The loss in the value of an asset, such as an automobile, that occurs over its period of ownership; calculated as the difference between the price initially paid and the subsequent sale price.

A. Depreciation
B. Franchise dealerships
C. Independent dealership car lots
D. Private individuals