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3 years ago

A good that is both nonexcludable and nonrival-in-consumption is called a

Business

1 answer:

Natalka [10]3 years ago

4 0

Answer:

The answer is: Public goods

Explanation:

Public goods are provided by government entities and many times they are given for free or at a very low subsidized price. Public goods are non-excludable since everyone is entitled to use them (e.g. streetlight). Also public goods have no rivals that compete with them (e.g. law enforcement). Most of the public goods are free, but some exceptions exist like the US Mail.

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How is a 401k different from an individual retirement account (IRA)?

LuckyWell [14K]

A 401(k) is a good long-term investment strategy hope it helps

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2 years ago

Aggregation to qualify for a breakpoint is not available to: a a group of family members in the same household that aggregates i

kogti [31]

Aggregation to qualify for a breakpoint is not available to an investment club that purchases different mutual funds within the same fund family. This is further explained below.

<h3>What is the investment?</h3>

Generally, an item purchased or invested in with the purpose of increasing one's wealth and preserving one's financial resources from the hard-earned income or appreciation

In conclusion, An investing club that acquires mutual funds from the same fund family is not eligible for aggregation to qualify for a breakpoint.

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2 years ago

Micker Boots produces cowboy boots, its Raw Materials Inventory account contains only direct materials. If the beginning balance

Alja [10]

Answer:

Purchases= $52,000

Explanation:

Giving the following information:

Beginning inventory= $6,300

Ending balance= $3,300

Production= $55,000

<u>To calculate the direct material purchase, we need to use the following formula:</u>

Purchases= production + desired ending inventory - beginning inventory

Purchases= 55,000 + 3,300 - 6,300

Purchases= $52,000

4 0

3 years ago

Home Depot begins running magazine advertisements for patio furniture during the winter months in states such as Florida, Texas

Firlakuza [10]

Home Depot likely practiced geographic segmentation to help them identify when to utilize media at the times when their customers are most apt to be considering outdoor living purchases.

<u>Explanation:</u>

Geographic segmentation is a marketing strategy used by the companies when they intend to serve customers in a specific area, or when the targeted audience has distinct preferences depending on where they are based. It comprises grouping prospective customers by region, country, state or city. They can even be grouped based on the neighborhood. Seasonal products often are advertised to geographic segments based on the climate, as in this case is done with patio furniture.

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3 years ago

U.S. citizens pay $3 billion more annually for shoes and Japanese citizens pay $6 billion more for rice than the actual cost of

mihalych1998 [28]

U.S. citizens pay $5 billion more annually because both countries have imposed tariffs on imported goods to protect their domestic markets.

<h3>What is tariff?</h3>

A tariff simply means a tax imposed by a government of a country on imports or exports of goods.

In this case, U.S. citizens pay $3 billion more annually for shoes and Japanese citizens pay $6 billion more for rice than the actual cost of the products because both countries have imposed tariffs on imported goods to protect their domestic markets.

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3 years ago