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List two types of goods that are inelastic in demand?
Food and Energy
What are the four types of economic agents?
The four types of economic agents are households, firms, governments, and the foreign sector. Households provide labor and consume goods and services, while firms produce goods and services for sale. Governments regulate the economy and provide public goods, while the foreign sector involves trade and investment across borders. Together, these agents interact in markets, influencing supply, demand, and overall economic activity.
Classification of economic resources?
there are two types of economic resources: a. Property resources b. human resources
What two types of wholesalers are involved in the wholesale trade sector?
The two types of wholesalers involved in the wholesale business are those who sell goods on a business to business basis and those who arrange the sale of goods to others for a commission.
What are two types of capital in economic?
Human and machinery.
What were two causes of the economic depression of 1893?
There were plenty of goods but not enough money.
What are the two types of government spending?
C. capital goods and labor.
List two types of goods that are inelastic in demand?
Food and Energy
What are the four types of economic agents?
The four types of economic agents are households, firms, governments, and the foreign sector. Households provide labor and consume goods and services, while firms produce goods and services for sale. Governments regulate the economy and provide public goods, while the foreign sector involves trade and investment across borders. Together, these agents interact in markets, influencing supply, demand, and overall economic activity.
Anu ang kahulugan ng economic goods?
anu ang economic goods
Classification of economic resources?
there are two types of economic resources: a. Property resources b. human resources
What are the types of goods in marketing?
There are two types. 1) Consumer Goods 2) Business Goods Consumer goods is subdivided into following, 1) Convenience Goods 2) Shopping Goods 3) Specialty Goods 4) Unsought Goods In terms of durability the consumer goods is divided into following, 1) Durable Goods 2) Semi Durable Goods 3) Non Durable Goods
What are two ways the railroads influenced economic growth in the US?
Shipping the goods and more transportation brought people here to have economic growth
What two types of wholesalers are involved in the wholesale trade sector?
The two types of wholesalers involved in the wholesale business are those who sell goods on a business to business basis and those who arrange the sale of goods to others for a commission.
What are two types of capital in economic?
Human and machinery.
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.
Diffirenciate the economic goods to free goods?
Fresh air.
