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What do economist call the things that firms sell wich cannot be touched or seen?
Wiki User
∙ 9y ago
Economists call the things that firms sell which cannot be touched or seen goods and services.
Wiki User
∙ 9y ago
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What do economists call the physical things that firms make things that can be seen or touched?
Economists call the things that firms sell which cannot be touched or seen goods and services.
What do economists call the things that firms sell that you cannot touched or seen?
Goods
Other things equal which reduces competition in an industry?
freedom of entry for new firms
Why are collusions and cartels unstable in the long run?
When cartels are created, usually in oligopolistic industries, few firms make agreements on things such as production and prices. This ensures that the few firms in the cartel have economic profit and will eventually drive off weaker firms. This usually results in monopolistic behaviors for the remaining firms and eventually the prices catch up to the consumer. Cartels tend to arise in markets where there are few firms and each firm has a signeficant share in the market.
What is a consumer and producer service?
A consumer is someone who purchases goods and services to satisfy their needs and wants.Service: Good pre-sales and after-sales service makes you feel like you are a valued customer and consequently, you will keep buying that product or going back to the particular store. Poor service can have the opposite effect.Producer services are services sold to a producer.In the older economic order most large firms produced all their services (such as: advertising, maintenance, sanitation, business consulting, auditing, and engineering) "in house". Most large firms in the 1970s began to "unbundled" these services in an effort to become more economically efficient. Large firms today buy (contract out) these services from smaller highly specialize firms. These highly specialized firms sell what economist call producer services.somthing nessesarry for a persons servival
What do economist call the physical things that firms make ( things that can be seen or touched )?
Economists call the things that firms sell which cannot be touched or seen goods and services.
What do Economist call the physical things that firms make things that can be seen or touched?
Economists call the things that firms sell which cannot be touched or seen goods and services.
What do economists call the physical things that firms make ( things that can be seen or touched)?
Economists call the things that firms sell which cannot be touched or seen goods and services.
What do economists call the physical things that firms make things that can be seen or touched?
Economists call the things that firms sell which cannot be touched or seen goods and services.
What do economists call the physical thing's that firms make (things that can be seen or touched )?
Economists call the things that firms sell which cannot be touched or seen goods and services.
What do economists call the things that firms sell that you cannot touched or seen?
Goods
What do economists call the things that firms sell witch cannot be touched or seen?
Intangibles
What do economists call the physical things that firms make (things that can be seen or touched )?
Products.
What do economists call the physical things that firms make things that can be touched?
because economics called it active
What do economists call the physical things that firms make (things that can be seen or touched)?
because economics called it active
What do economists call The Physical Things Firms Make Things That Can Be Seen Or Touched?
because economics called it active
What is the relevance of Indian accounting standards in IT firms?
The relevance of Indian accounting standards in IT firms is that it helps in business computations. This will be used to measure the profits of IT firms and keep proper records among other things.
