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Goods that are used to produce other goods and services are called what resource?
Wiki User
∙ 7y ago
correct answer is Factors of production
Wiki User
∙ 7y ago
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What is a manufactured good that is used to produce other goods and services called an economic want or a capital resource?
Capital
Manufactured goods needed to produce other goods and services are called?
Capital Goods.
The set of actions that produce goods and services are called?
Manufacturing
The amount that a supplier pays to produce goods and services is called?
Cost
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.
What is a manufactured good that is used to produce other goods and services called an economic want or a capital resource?
Capital
Tool or machine that a company can use to produce goods and services?
Capital goods/ Capital resource.
Explain what is meant by a natural resource?
Natural Resource is a gift of nature to man kind used to produce goods and services.
Manufactured goods needed to produce other goods and services are called?
Capital Goods.
What are goods and services are produce are called?
factors of production
The set of actions that produce goods and services are called?
Manufacturing
The amount that a supplier pays to produce goods and services is called?
Cost
What are any resource that are made by humans and used to create other goods and services called?
capital
What are the Amount spent in order to produce and sell the goods and services is called?
Expensive
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.
What are the four basic questions of economy?
What goods and services will be produced?How will the goods and services be produced?Who will get the goods and services?How will the system accomodate change?
What Three question every economy must answer?
What goods and services will be produced?How will the goods and services be produced?Who will get the goods and services?
