Answer:
The statement is: True.
Explanation:
Private goods are those that individuals own and are destined to use for their use only. The owners have all rights on their properties up to the limits the local government imposes. Public services are those given to all individuals freely and can be used simultaneously or once at the time.
<em>The increase of private goods usually tends to demand for more public services societies must be intake care of.</em>
The answer is:
A. by building highways, railways, and airports
C. by providing power and Internet connections
D. by importing or developing innovative technologies
Physical capital refers to the factors of production that exist in a materialistic form and would contribute in increasing the efficiency of economic operation conducted by the country.
Even though promoting physical training and improving food nutrition could be considered as an investment, they both do not directly involved in increasing the operation.
Answer:
$87,650
Explanation:
The computation of the dollar amount of returns and allowances is shown below:
= Gross sales for store B × customer returns and allowances percentage
= $876,500 × 10%
= $87,650
By multiplying the gross sales with the customer returns and allowances percentage we can get the dollar amount with respect to the returns and allowances and the same is to be considered
Answer:
A person whose salary has increased is able to purchase fewer goods and services.
Explanation:
Inflation is characterized by an increase in the prices of goods and services along with a reduction in the purchasing power.
Real income of an individual refers to the income which has been adjusted for the effects of inflation. Whereas, Nominal income refers to the income which is before any such adjustment for inflation.
In the given case, the nominal income has increased i.e if we ignore inflation. But while considering inflation, the real income of the individual has reduced evidenced by the fact that the purchasing power has reduced.
Answer:
D
Explanation:
announcing the product takes place in the commercialization and launch of the product
