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What else can I help you with?
What do you call the amount of goods or services available to us?
The amount of available goods or services is called supply.
Which discipline deals with the production consumption and distribution of goods and services?
economics
What is the career path of procurement?
It mostly deals with the distribution and purchasing of goods and services. Most careers in this field relate to the redistribution and distribution of goods and services.
Who provides the goods and services available to consumers?
Producers
What Type of economy in which the government decides which goods and services will be available?
A command economy is one in which the government decides which goods and services will be available. There is officially no free market in a command economy.
Why are all goods and services scarce in the economy?
Goods and services are scarce in the economy because there are limited resources available to produce them, and the demand for these goods and services exceeds the available supply. This scarcity forces individuals and businesses to make choices about how to allocate resources efficiently.
What is the difference between history and economics?
The major difference is that history, in the most general form, deals with the study of the past. While economics deals with a wide range of things but for easy clarification economics basically deals with the study of the trading of goods or services as well as the production, distribution, and consumption of those goods or services.
Why are goods and services scarce in the market?
Goods and services are scarce in the market because there are limited resources available to produce them, and the demand for these goods and services often exceeds the available supply. This scarcity leads to competition among consumers and businesses, which can drive up prices and create shortages.
Differences between labor market and goods market?
labour market- this deals with the labour resources such as hiring, firing or anything to do with labour of households.goods market- this deals with goods and services, consumption spending, imports and exports.
What does the theory of production deal with?
The theory of production deals with the relationship between the factors of production and the output of goods and services
What is a economics definition?
Economics is the branch of social science that deals with the production and distribution and consumption of goods and services and their management,
In economics all goods and services available to consumers are provided by which of the following?
Producers
