Arlene purchased a used vehicle that depreciates under a straight-line method. The initial value of the car is $4000, and the salvage value is $400, If
the car is expected to have a useful life of another 6 years, how much will it
be worth in 2 years?
A. $600
B. $2800
C. $1000
D. $3200
SUBMIT

If quotas on sugar were eliminated in the united states, domestic production of sugar would fall. why is this a benefit in economic terms for the united states? i. resources are freed up that could be used more efficiently elsewhere. ii. it is beneficial because it allows foreign producers of sugar to earn income and thus those countries are better off. iii. u.s. consumers are able to enjoy increased consumer surplus because of the lower prices of imported sugar.