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.
Producers make the goods and consumers buy and use the goods.
bacon
an economist
two or more producers are trying to sell the same goods and service to the same consumers
Consumer choices
Producers make the goods and consumers buy and use the goods.
bacon
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.
an economist
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.
two or more producers are trying to sell the same goods and service to the same consumers
Demand
industrial, commercial, consumers. adricultural and service-oriented goods
Consumer choices
business that acts as a go between between in moving goods from producers to consumers.
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.
Quantity Demanded is only affected by the change in prices & all other factors given below only affect or lay down changes in Demand2. taste/preference of consumers; the higher the pereference for a particular goods/service the higher the qd for the goods/service; the lower the preference the lower the qd of the goods/service3. deposable income (dy) of consumers; the higher the dy of consumers the higher the qd of goods/services; the lower the yd the lower the qd of goods/services4. population. the more the population the higher the qd for goods/services; the lower the population the lower the qd for goods/services5. price of complimentary goods/services; the higher the price of complimentary goods the lower the demand for the main goods; the lower the price of the complimentary goods/service the higher the demmand for the main goods/service.by;Zain-Ul-abideen email. Zain-Ul-abideen@hotmail.com