Answer:
40
Explanation:
According to Ricardian theory, any change in budgets deficits or surpluses should be completely offset by an equal change in private savings.
In this case, the original amount of private savings was 80, but since the budget deficit decreased by 40, then the private saving should also decrease by 40. The total private saving = 80 - 40 = 40
The term that is being referred here is the REPLACEMENT COST. What the market generally means when lower of cost or market rule is being applied to inventory valuation, this refers to replacement cost. This is the cost applied to an item when it is being replaced. The cost is being applied is the same as its pre-loss condition.
In order to verify the quality and integrity of completes
visuals, you should NOT ask yourself the question “Is the
visual doing the job?”
<span>One needs to ensure visual and textual
flow in order to have successful integration with text involves for decisions.</span>
Answer:
B.enables production to be ahead of demand.
Explanation:
<em>One of the benefits of a wholesale warehouse in the chain of distribution is that it </em><em>enables production to be ahead of demand</em><em>.</em>
A warehouse generally represents a large house where goods/products are kept prior to their distribution for sale.
The use of a warehouse offers several advantages to producers. These include:
- adequate protection and preservation of products
- regular flow of goods irrespective of their period of production
- continuity in the production process in order to stay ahead of market demand
- easy handling of products
- etc.
<em>Hence, the correct option is B.</em>
A competitive market refers to a market where there is no monopoly of producers of goods and services, therefore, competition is high because they all have mission to satisfy the wants of a large consumers.
The characteristics of a competitive market are:
- Homogeneity of product: The product are made by different producers and encourages competition.
- There are existence of many buyers and sellers in the market.
- There is an access to derive perfect information on price of a product at any outlet in the market.
- There are no charges for transaction costs in a competitive market
- No barriers to entry into or exit.
In conclusion, there is no producers which can affect the market price through its supplying rate because there are excess supply of similar product in the market.
Learn more about competitive market here
<em>brainly.com/question/7024827</em>
