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Goods are consumer wants and needs that are produced. Services are things that people pay for once and receive something. Consumers spend money on both.
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What is the relationship between producers and consumers in economics?
Producers make the goods and consumers buy and use the goods.
What is the relationship between the timing of your goals and the type of goods or service you want?
bacon
What social scientist is most concern with analyzing the relationship between supply of and demand for goods and service?
an economist
What is the difference between the situation where competition and producers exists?
two or more producers are trying to sell the same goods and service to the same consumers
What dictates which goods and service producers should or should not create?
Consumer choices
What is the relationship between producers and consumers in economics?
Producers make the goods and consumers buy and use the goods.
What is the relationship between the timing of your goals and the type of goods or service you want?
bacon
What is the relationship between boycott and repeal?
A boycott is to refuse to purchase certain goods or service, and a repeal is to cancel a law. That is a relationship between the two.
What social scientist is most concern with analyzing the relationship between supply of and demand for goods and service?
an economist
Difference between expenditure on final goods and expenditure on intermediate goods?
The difference between intermediate goods and final goods is in their nature. Intermediate goods are finished goods which can be used to make other good like wool. The final goods are sold to consumers like a woolen coat.
What is the difference between the situation where competition and producers exists?
two or more producers are trying to sell the same goods and service to the same consumers
What is it called when consumers have a great influence on the price of all goods and service?
Demand
What do people make at Bulgaria?
industrial, commercial, consumers. adricultural and service-oriented goods
What is the definition of service sector?
The service sector is a segment of the economy that provides intangible goods and services to consumers, such as healthcare, education, finance, and entertainment. It does not involve the production of physical goods.
What dictates which goods and service producers should or should not create?
Consumer choices
What are examples of a intermediaries?
business that acts as a go between between in moving goods from producers to consumers.
Are there consumers in Australia?
Yes, there are consumers in Australia and in every country where goods can be bought and sold. Any person who buys any product or service can be considered a consumer.
