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How is it possible for a good to be both a capital good and a consumer good?
A service buys another service's goods and sells it to people.
What dictates which goods and service producers should or should not create?
Consumer choices
What are the responsibilities of the consumer?
to pay for the goods which they are buying. ask for low prices
When a reduction in the price of a good allows a consumer to purchase more of all goods this effect is called the?
Substitution effect
What are produce goods andconsumrr goods?
Consumer goods are market ready goods, producer goods are the input materials needed to manufacture consumer goods.
What is the advantage of a consumer's right to choose from an adequate variety of goods and service?
It ensures a competitive market and allows for individual differences among comsumers
Who is a person who buys goods and service?
They could be called a consumer, a patron, a customer, or a client.
What has the author Johathan Gershuny written?
Johathan Gershuny has written: 'After industrial society?' -- subject(s): Consumer Durable goods, Durable goods, Consumer, Self-service (Economics), Service industries
A person who receives a good or service is called?
The person who receives goods or services is a consumer.
What allows someone to be a consumer?
A person who is a consumer is simply someone who uses their willingness and ability to purchase and use goods or services.
What does consumer direct mean?
Consumer direct was a call center service provided by the Government in the United Kingdom. This service helped provide important consumer advise and legal information regarding problems with goods and service providers.
How is it possible for a good to be both a capital good and a consumer good?
A service buys another service's goods and sells it to people.
How is possible for a good to be both a capital good and a consumer good?
A service buys another service's goods and sells it to people.
What dictates which goods and service producers should or should not create?
Consumer choices
Which market or markets are consumer goods and services bought into?
Goods or services bought by a consumer are bought in the consumer market. The consumer market includes fast moving consumer goods, consumer durables, soft goods and services.
What has the author J I Gershuny written?
J. I. Gershuny has written: 'Social innovation and the division of labour' -- subject(s): Division of labor 'After industrial society?' -- subject(s): Consumer Durable goods, Durable goods, Consumer, Self-service (Economics), Service industries
What are the responsibilities of the consumer?
to pay for the goods which they are buying. ask for low prices
