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It's an economy
What else can I help you with?
What good and services to produce?
What good and services to produce?
What is a system people use to produce good service?
It's an economy
What system is the exchange of one product for another?
Barter is a system of trade where people exchange good or services without the involvement of money.
What is the use of resources and machinery to produce goods and services?
good
System for producing good and services?
A system for producing goods and services is known as a production system. Goods are produced from raw materials, and services are activities performed.
What is good market?
businessess produce goods and services and sells them to households
What goods and services did the early colony produce?
they produced something good
What good and services will produce and how will the produce?
The basic economic theory states that "When there is demand efforts will be made to satisfy this demand by virtue of supply." Now in an economic system the consumer dictates the demand and so the supply has to satisfy the demand.So the suppliers have to model their products and services which corresponds to demands of the consumers.
What are the basic problems of economics?
What to produce? A nation must determine what good or services that they want to produce. How many and when?How to produce? Who will do the production, the resources and what production techniques they will use.For whom to produce? Who will gets the services and who will buy the goods produces.
What is a manfactured good that is used to produce other good and services called an economic want or a capital resource?
RESOURCE?
Who control the prices of good and services in economics system of communism?
me i do
What is a capital good?
Tool, equipment, or other manufactered good used to produce other goods and services; a factor of production.
