a. The bike paths around a city or town best illustrate what a public good is.
Explanation:
A <em>public good</em> is a product or service that is offered to everyone in a community, country, economy, city, etc. without profit.
a. Bike paths around a city or town seem to adjust to this definition since they can be used by anyone and are free to use.
<em>b</em>. The laptops used by students in a college or university are not available to everyone to use, so they're a private good.
<em>c</em>. The movies produced by Hollywood companies are not a public good since you have to pay a for a ticket to be able to watch it at the cinema or you have to pay for a physical or digital copy of it. It's profitable and it's not available for everyone to watch for free.
<em>d</em>. The airline tickets bought by vacationers are a private good since they had to buy them and they imply a profit for the airline.
To begin with, the term<em> ''baby boomer''</em> refers to the demographic cohort regarding the generation of people born in the period called ''baby boom'', that occured in some was after the Second World War and comprehends the years between 1946 until 1964. Moreover, the main characteristic of this period was that around 76 million babies were born in America and that an excessive consumerism began to spread.
To continue, the action that Christie advocates is very common to a person of the baby boom generation due to the fact that those people born and grew in times that there was no internet and therefore they tend to give no importance to the online ads and stuff like that.
Financial markets help to efficiently direct the flow of savings and investment in the economy in ways that facilitate the accumulation of capital and the production of goods and services.
The gross profit is the difference betwenethe sales revenue and the cost of good sold/manufactured
for retail companys they determinate the cost using a given inventory method like FIFO LIFO or weighted average.
Manufacturing companies will subtract from the sales revenue the cost of good manufactured which can be determinated in various ways like process, order, absorption or ABC
