Answer:
road transport offer door to door service while rail transport can't offer
Answer:
This is an example of technology spillover and positive externalities.
Explanation:
Technology Spillover: The advantageous outcomes of new technological expertise on the productivity and creative capacity of other firms and nations are summoned as technology spillover.
Positive Externalities: When the consumption of goods and services leads to the benefits of other people, the term is known as positive externalities. If I become an educationist (assuming education as a good), it will help me to receive the private benefit. Besides the individual interest, I can help others to educate people.
Therefore, when Turning Inc. creates the first solar-powered cell phone battery, and it lasts up to 10 hours, it produces spillover technology.
When another company encourages to formulate technology with more lasting power, it creates a benefit for the other people as well as the technology spillover.
The price of money borrowed or saves is called INTEREST.
When you borrow money, interest is also paid on the principal. When you save money, interest is earned on the savings. This is the price of money borrowed or saved.
The ability to meet short-term obligations and efficiently generate revenues is called Liquidity.
Liquidity is the ease or speed with which money can be raised to meet short-term financial responsibilities such as paying bills. Stocks and bonds, as well as other easily tradable assets, are regarded as liquid assets.
A company's liquidity can be determined by how well it can meet its short-term obligations, particularly those that are due in less than a year. What the business owes in comparison to what it owns is typically represented as a ratio or percentage. You can gain insight into the company's financial situation by using these metrics.
The liquidity status of a business is primarily affected by two factors. The first factor is its capacity to transform assets into cash to cover its present liabilities (short-term liquidity). Its debt-carrying capability is the second.
To learn more about Liquidity refer to:
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