Engineering Economics
What type of depreciation is due to the reduction in the demand for the function that the equipment or asset was designed to render?

Functional depreciation
Physical depreciation
Design depreciation
Demand depreciation

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Engineering Economics
In a cash flow series:

The gradient in the cash flow may be positive or negative
Uniform gradient signifies that an income or disbursement changes by the same amount in each interest period
All of these
Either an increase or decrease in the amount of a cash flow is called the gradient

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