Question: 1 - Obsolescence occurs when the technology used in an equipment has been surpassed by a better and newer technology. True or False 2 -

1- Obsolescence occurs when the technology used in an equipment has been surpassed by a better
and newer technology.
True or False
2- Marginal cost is the cost at which an asset has the minimum cost life.
True or False
3- Given the marginal cost data in the table below for a defender, it is economical to replace the
defender in year 1 if EUAC of challenger is $12,500.
True or False
1- Obsolescence occurs when the technology used in an equipment has

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