History, asked by arabindabag1966, 1 month ago

write a short note: changing economic life

Answers

Answered by vanshikapatil200518

Explanation:

Economic life is the expected period of time during which an asset remains useful to the average owner. When an asset is no longer useful to its owner, then it is said to be past its economic life. The economic life of an asset could be different than its actual physical life.

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