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Noah Schuster
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What is competitive demand with examples?
a state of affair observed between the markets for goods that can readily be substituted for one another. (E.g are- margarine & butter)
WHAT IS AN example of a goods industry?
Some goods industries are mining and manufacturing.
What are entering goods with example?
Goods that could come from nature or can be found in it. For example lumber, silk, berries and many more.
An automobile is an example of a consumer?
goods
A loaf of bread is an example of which of these?
Goods.
What is the subtitution effect of a price change?
Say there are two goods..x and y, which can be substituted with each other..now if the price of good x increases..the consumer will buy less of good x and more of goods y. Since goods x and y are substitute goods..so change in price of goods x will change the demand of good y..so price effect of substitute goods is positive.
What is an example of price of related goods?
what is an example for prices of related goodfs
What is an example of goods?
Stock Inventory Manufacturing television is the goods for comp shoes etc
How do you use euphemism?
it is an agreeable word substituted for an offensive word - as in rest room' for 'toilet' being a mild example
What are the different types of buyers and consumers?
A buyer is one who purchases goods, consumes goods, and sells goods. An example of a buyer would be a retail store. A consumer is one who buys goods for themselves. An example of a consumer is a customer of a retail store.
Many sellers of goods is an example of what?
consumer.
Many sellers of goods is an example of?
producer
