Which of the Following Stores Are Most Likely to Be

question 304

Multiple Choice

Which of the following stores are most likely to be anchor stores at a regional shopping center?

• A) Old Navy, Abercrombie & Fitch, and Kay-Bee toy store
• B) Hickory Farms, a locally owned jewelry store, and McDonald's
• C) an antique store, Dollar General, and a bakery
• D) Sears, Macy's, and JC Penney
• E) a Hallmark shop, a sporting goods consignment store, and a Barnes & Noble bookstore

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Definitions:

Rival Good

A rival good is a type of product or resource that cannot be consumed by multiple individuals at the same time without diminishing its availability to others.

Rival Good

A type of good that cannot be consumed by more than one person at the same time, because its consumption by one person reduces its availability for others.

Marginal External Cost

The additional cost to society that arises from one more unit of a good being produced, not considered by the producer.

Optimal Fee

The best possible charge for a service or product that maximizes profit without discouraging consumers from buying.