0
This is equipment and factories used in the production of goods and services?
Wiki User
∙ 11y ago
capital goods or capital
Wiki User
∙ 11y ago
Add your answer:
Earn +20 pts
Which person studies the production distribution and consumption of goods and services?
An Economist studies the production distribution and consumption of goods and services
What are business goods?
Business goods are those products used in the production of other goods. Examples of business goods include accessory equipment, component parts, installations, operating supplies, raw materials, and services.
What are the production distribution and consumption of goods and services?
An economy is a system for producing goods and services.
What best explains the role that labor has in the production of goods and services?
Land,labor, and capital are all resources of production necessary to produce goods and services.
Explain how the production of services differs from the production of manufacturing goods give two example?
In the game of economics, which of the following players use goods and services?
Cottage industry?
An industry in which the production of goods and services is based in homes, as opposed to factories.
What word means Money used to buy tools and equipment used in production?
Capital is money used to buy tools and equipment to make goods or provide services. Capital goods are machines, tools, buildings and the like, used in production.
What is a capital good?
Tool, equipment, or other manufactered good used to produce other goods and services; a factor of production.
What is capital good?
Tool, equipment, or other manufactered good used to produce other goods and services; a factor of production.
How did the production goods change during the industrial revolution?
manufactured goods were made in factories
How did the production of goods change during the industrialization revolution?
manufactured goods were made in factories
Which person studies the production distribution and consumption of goods and services?
An Economist studies the production distribution and consumption of goods and services
Which person studies the production .distribution and consumption of goods and services?
An Economist studies the production distribution and consumption of goods and services
What are business goods?
Business goods are those products used in the production of other goods. Examples of business goods include accessory equipment, component parts, installations, operating supplies, raw materials, and services.
What changes were made in the production of goods as a result of the industrial revolution?
Manufactured goods were made in factories.
Explain Operations research in production planning and inventory control?
Operations management is an area of business that is concerned with the production of good quality goods and services, and involves the responsibility of ensuring that business operations are efficient and effective. It is the management of resources, the distribution of goods and services to customers.The task of production and operations management is to manage the efforts and activities of people, capital, and equipment resources in changing raw materials into finished goods and services.
What are the production distribution and consumption of goods and services?
An economy is a system for producing goods and services.
