Replacement analysis considers decisions about whether or not to buy new and more efficient equipment or to continue using existing equipment. Consider this economic analysis approach and provide BRIEF answers to the following questions. Answers should be clear, focused, and above all informative. You may use bullet points to organize your responseLimit your response to one to three sentences or phrases . Please identify each question by number in your response. For example, for each question li

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Equipment are generally considered for replacement for the following reasons i Deterioration It is the decline in performance due to wear and tear or ... View the full answer