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It means to make a tangible product that can be sold.
What else can I help you with?
What does goods-producing mean?
It means to make a tangible product that can be sold.
What is producing capital goods rather than producing final goods is known as what?
Investment
What does the word economy mean?
the system of producing and consuming goods in a country, state, or local area
What does graded mean in electric goods?
Of, relating to, producing, or operated by electricity: electric current; an electrical appliance.
What is producing goods?
a good busines
What is goods producing business?
A good producing business is a business that produces tangible goods to satisfy consumers at aprofit
What does it mean when economist says that an area specializes in producing certain products?
They use their resources to produce a limited range of goods.
What do you mean by batch costing?
The identification and assignment of costs related to producing a set amount of goods. This includes all fixed and variable costs for producing the batch. The unit cost of a batch of goods can be calculated by dividing the batch cost by the number of units produced.
What is capital?
man-made goods used in the process of producing other goods
What is the consequences of shifting from producing consumer goods to capital goods?
the world will blow up
A system for producing and distributing goods and services?
The system of producing goods and services is called an economy. This system uses humans to produce and sell the goods. When the people have no say in what will be produced or how, this is called a command economy.
Why is it often easier to start a service business than a goods-producing business?
Why is it often easier to start a service business than a goods-producing business
