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What does it mean when something has diminished in value?

Anonymous

∙ 11y ago

Updated: 9/23/2023

When something has diminished in value, it means that the item's selling value has decreased on the market. This concept occurs because items wear out with time and get replaced by newer, often better products.

Wiki User

∙ 11y ago

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Continue Learning about Math & Arithmetic

What does current value mean?

Either the actual value of something, or the value of a current. It really depends on the context.

What is the value?

It can mean either, the price tag, how much an item is worth based upon the quality. Good Luck The value of something refers to the numerical quantity that is assigned to something.

What does value mean in maths?

the numerical amount denoted by an algebraic term; a magnitude, quantity, or number

What does inequality in a math term mean?

An inequality is a comparison of two values.In the simplest terms it means something does not have the same value as something else.An inequality is a comparison of two values.In the simplest terms it means something does not have the same value as something else.An inequality is a comparison of two values.In the simplest terms it means something does not have the same value as something else.An inequality is a comparison of two values.In the simplest terms it means something does not have the same value as something else.

What is the approximate value of something?

The approximate value of something is an estimate.

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