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saw5 [17]
3 years ago
15

Which of the following is a retailing business?

Business
1 answer:
inna [77]3 years ago
5 0

Answer:

B). Grocery store

Explanation:

Retailing is described as the business of selling directly to the customer. It primarily aims to sell goods as well as services to the consumer directly for their end-use, encompassing all the channels of distribution. It is described as the final stage of the distribution process where the retailer directly satisfies consumer demands. Among the given options, the grocery store would be an example of a retailing business as it sells vegetables to the final consumers personally for their consumption, after crossing different channels of distribution i.e. manufacturer(farmer), wholesaler, retailer, and finally the consumer. Thus, <u>option B</u> is the correct answer.

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Suppose that Inventories fall by $2 billion, Consumption increases by $8 billion, Welfare Payments decline by $3 billion, Export
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Answer: <u><em> The measured-GDP would increase by $5 billion.</em></u>

Explanation:

Given :

Inventories fall by $2 billion,

Consumption increases by $8 billion,

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Import also increases by $2 billion.

Note: While calculating GDP we will not include Welfare payments in it.

GDP = C + I + G + (X-M)

GDP = -2 + 8 + 1 - 2

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Answer:

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6 0
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Points represent
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8 0
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Which of the following is not an example of income? wages food tips allowance.
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