A Grocery Store Benefits When a New Furniture Factory Moves

question 93

Multiple Choice

A grocery store benefits when a new furniture factory moves to town and hires workers because the:

• A)new jobs at the factory will increase local incomes,some of which will be spent at the grocery store.
• B)new factory will eliminate scarcity in the area.
• C)presence of a new factory will guarantee that resources are used efficiently.
• D)local circular flow will be smaller with a new factory in town.

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Definitions:

Destination Contract

A contract under which the seller is required to deliver goods to a place of destination. The title and risk of loss remain with the seller until the goods reach the place of destination.

Needlework

The art or craft of sewing or embroidering, often done by hand, on fabric.

Oral Contract

A legal agreement which is made through spoken communication and is as binding as a written contract, although more difficult to prove.

Custom Motorcycle

A motorcycle that has been modified or built to suit specific preferences, often involving alterations to appearance, performance, or comfort.