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Discuss difference between a good and a service?
Buy a new pair of shoes and you are buying a good. Have your shoes repaired and you are buying a service.
What is the difference between cash and price?
Price is the amount consumers pay to acquire a good or service whereas cost is the amount used to produce a service or good. Cash is the money in your pocket.
What is the difference between producer surplus and consumer surplus?
Producer surplus is the difference between the amount producers receive for a good or service and the minimum amount they would be willing to accept, reflecting their benefit from selling at a higher price. In contrast, consumer surplus is the difference between what consumers are willing to pay for a good or service and what they actually pay, indicating their benefit from purchasing at a lower price. Together, these surpluses measure the overall economic welfare in a market.
What is the difference between economic and free goods?
The difference between free and economic goods is the fact that, free goods don't cost us anything to be able to have and economic goods cost us to be able to get that service or good.
What us the difference between consumer surplus and producer surplus?
Consumer surplus is the difference between what consumers are willing to pay for a good or service and what they actually pay, representing the benefit to consumers from purchasing at a lower price. Producer surplus, on the other hand, is the difference between what producers are willing to accept for a good or service and the price they actually receive, reflecting the benefit to producers from selling at a higher price. Together, these surpluses measure the overall economic welfare or benefits derived from market transactions.
What is the difference between a good service and a service?
The biggest difference is a 'Good Service' is something and making a difference. A 'Service' by itself is just doing something for someone or for a cause. i.e - Military/war Good serivice - i.e - Community service, work at elderly homes.
What is the difference between a service and a good?
The biggest difference is a 'Good Service' is something and making a difference. A 'Service' by itself is just doing something for someone or for a cause. i.e - Military/war Good serivice - i.e - Community service, work at elderly homes.
What is the difference between good and excellent customer service?
Customer service is "Good" when the customer is "satisfied", and customer service is "Excellent" when the customer is "Delighted"
What is different between good service and excellent service?
It would be better to experience the difference and then appreciate the difference. Good service is adequate for its purpose, competent. Excellent service surpasses this, it reflects outstanding quality and superior merit
Discuss difference between a good and a service?
Buy a new pair of shoes and you are buying a good. Have your shoes repaired and you are buying a service.
What is the Difference between customer loyalty and service loyalty?
•difference between service and delight
What is the difference between customer delight and customer service?
•difference between service and delight
What is difference between desired service and adequate service?
the difference between the two is the zone of tolerance
What is difference between good and efficient service?
Good service is service that meets or exceed the customer's expectations. Efficient service is provided in a timely, effective, and smooth fashion, without waste motion or material waste. Good service is usually efficient, but efficient service may not be good service.
What is the difference between service provider and network provider?
what is the difference between a file server and a internet service provider
What's the difference between civil service and public corporation?
Difference between Public Corporation and Civil Service
What is the difference between serve and service?
serve and service
