Japan Has More Vending Machines Per Capita Than Any Other

question 120

Multiple Choice

Japan has more vending machines per capita than any other country in the world.One explanation for this phenomenon is that

• A)vending machines are expensive in Japan
• B)the Japanese sales clerks' union requires that vending machines be used wherever possible
• C)labor is scarce in Japan, and vending machines help conserve on labor
• D)labor is abundant in Japan, and vending machines help conserve on labor
• E)vending machines were invented in Japan

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Definitions:

Liquidated Assets

Assets that have been converted into cash or cash equivalents, often during the process of paying off debt or during liquidation of a company.

Partnership Debt

Partnership debt is the financial obligations that a partnership entity owes to creditors, which are typically shared among the partners according to their agreement.

Limited Partnership

A partnership arrangement in which some partners are only liable up to the amount of their investment, unlike general partners who have unlimited liability.

Limited Liability Company

A business structure that combines the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation.