Answer: Option (A) is correct.
Explanation:
The national defense of a nation is considered as a public good. We know that public good has two major characterstics that are non-rival and non-excludable.
Non-rival goods refers to the satisfaction level or the utility obtained from a particular good will not reduce from one person's consumption. The amount of good available to other individuals remains the same.
Therefore, if one person is enjoying national defense then this will not reduce the satisfaction level obtained from the national defense for the other individuals.
Located predominately in Europe, stores called<u> HYPERMARKETS</u> are based on the concept of one-stop shopping for consumers. Such retail stores, which use scrambled merchandising, typically span over 200,000 square feet of floor space and offer quality, variety, and low price for food and groceries and general merchandise.
Explanation:
- A hypermarket is a big-box store combining a supermarket and a department store.
- Competitive advantages of hypermarkets, traditional retailers mention lower prices, longer opening hours, greater product assortment and better adaptation to consumer shopping habits.
- A hypermarket is a retail store that combines a department store and a grocery supermarket. Often a very large establishment, hypermarkets offer a wide variety of products such as appliances, clothing, and groceries
- The result is an expansive retail facility carrying a wide range of products under one roof, including full groceries lines and general merchandise
- Target is an example of a hypermarket because it offers a variety of food products, clothing, electronics, books, toys, and even furniture. Hypermarkets focus on providing bulk items at steeply discounted rates. Costco is another popular example of a hypermarket
Answer:
If the economy is experiencing an expansion, this policy would not be as effective because many of the economy's workers would already be employed in other activities. In other words, the economy would be close to, or at, full employment.
Another reason is that large public investments during an economic expansion tend to raise the interest raise, and crowd out private investment, because a big part of the supply of loanable funds would be taken up by the government. This would actually be detrimental for the economy because private investment would be less.
Finally, there is always the possibility of overheating the economy and causing it to enter an inflationary phase.
Answer:
Inventory Cost = $14,500
Explanation:
Using the lower of cost or market method implies firstly valuing the inventory at the purchased cost (historical cost). But as the value of a good can change and if the price at which the inventory can be sold falls below its net realizable value the loss (and new value) must be recorded. It is a method for adjusting asset values in subsequent reporting periods.
