What is depreciation in economics?

Warning: Trying to access array offset on false in /home3/indiakep/public_html/wp-content/plugins/dw-question-answer/inc/Template.php on line 8

All Questions › Category: Transmission And Distribution System › What is depreciation in economics?

0 Vote Up Vote Down

Chetan Shidling Staff asked 6 years ago

I need short information.

1 Answers

0 Vote Up Vote Down

Chetan Shidling Staff answered 6 years ago

The decrease in the value of the power plant equipment and building due to constant use is known as depreciation.