Engineering Economics
What refers to the value of an asset which a disinterested third party, different from the buyer and seller, will determine in order to establish a price acceptable to both parties?

Market value
Franchise value
Fair value
Book value

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Engineering Economics
Using factor method, the depletion at any given year is equal to:

Initial cost of property times number of units sold during the year
Initial cost of property divided by the number of units sold during the year
Initial cost of property divided by the total units in property
Initial cost of property times number of unit sold during the year divided by the total units in property

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