Economy, asked by seethamahalaksh6435, 1 year ago

The cost of amachine decreases by 720in 2nd year and by 2648 in the 3rd year.Find the rate of depriciation and original cost of the machine

Answers

Answered by mittaly990
0

No, the present methodology of poverty estimation is in appropriate because it takes into account only the basic needs of food, clothing, fuel, etc. But the quality of these basic necessities is the lowest quality available, which is not appropriate.                        (a) The amount which is fixed as the poverty line does not include the margin for price fluctuations and price rise which is constantly occurring.                                                       (b) The poverty line should include some correction for inflation and to take care of the market fluctuations.  

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