Answer:
<h2>In this case,visit to the Butchart Garden is an excludable and non-rivalrous good and is an example of a Club Good.</h2>
Explanation:
First,since the Burchart Gardens charges an admission fee of $30 for each visitor,anyone who has not paid the fee cannot or will not be able to have access inside the garden.Therefore,it is currently not a free service for all the visitors.In this sense,a visit to the Butchart Garden is excludable.It can be assumed that any visitor who wishes to come inside the garden and have a visit will have to mandatorily pay the admission fee.
Secondly,as Butchart Garden is a public area and anyone who pays the admission fee can officially gain access to the garden,enjoyment of the natural and aesthetic beauty of the garden by any one visitor does not reduce the simultaneous enjoyment of any other visitor who has paid the admission fee and hence,gained access to the garden.In economic language,if we consider the garden visit as a particular commodity,then the consumption of the commodity by any one visitor or consumer does not reduce the simultaneous consumption of any other visitor/s or consumer/s,provided that they have all paid the admission fee to gain access to the commodity or garden in this case.Therefore,visits to the Butchart Garden can be considered as non-rivalrous.
Now,since the visit to the Butchart garden is both excludable and non-rivalrous in nature,it can be considered as an example of a Club Good.
Answer:
Countries become better at making the product they specialize in. Consumer benefits: Specialization means that the opportunity cost of production is lower, which means that globally more goods are produced and prices are lower. Consumers benefit from these lower prices and greater quantity of goods.
Explanation:
Answer:
73 days
Explanation:
average collection period = number of days in a period / receivables turnover
receivables turnover = revenue / average receivables = $100,000 / $20,000 = 5
average collection period = 365 / 5 = 73 days
I hope my answer helps you
Answer:
Throughout this circumstance, the financing approach may be used by Tina Technology through fundraising as well as demand protection from either the SEC.
Explanation:
The following were all those requirements:
The Crowdfunding framework encourages eligible organizations to deliver as well as sell entrepreneurship security.
- The principles mandate all transactions together underneath the Crowdfunding Legislation to take place online by an SEC-registered representative, whether through a distributor provider or via a fundraising access.
- Control the amount that individual financial professionals will impose on certain cryptocurrency donations over a term of one year.
- For even the most portion, insurance purchased through a crowdfunding marketplace will not be traded once per season. General guide Crowdfunding donations rely on exclusion structures for "troublemakers".
A company's liquidity refers to its <span>ability to pay currently maturing debts.
Liquidity refers to the companies availability of assets that they can turn into cash or cash readily on hand. Maturity refers to a debt that needs to be paid by a certain, fixed date.
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