Demand and Supply.
Demand= buying goods and services.
Supply=selling goods and services.
supply and demand
any place were consumers and producers buy and sell goods and services
lies
Certain activities do not count toward GDP because they do not involve market transactions or are not measured in monetary terms. For example, unpaid household labor, volunteer work, and the informal economy are excluded, as they lack formal pricing and economic documentation. Additionally, financial transactions such as the buying and selling of stocks do not contribute to GDP, since they do not reflect the production of goods and services. GDP focuses on the value of newly produced goods and services within a specific time frame.
Compliments are goods that work well in conjuction with one another ( in simple terms they go together) e.g. Pen and Paper
supply and demand
profit = selling price - (cost of buying + overheads)
any place were consumers and producers buy and sell goods and services
None are legitimate - buying and selling gold is against the RuneScape terms of service.
lies
CF means cargo and freight in shipping terms. The person who is selling goods pay for the cost of the goods and freight charges. CF has been replaced with CFR.
comparative advantage
Compliments are goods that work well in conjuction with one another ( in simple terms they go together) e.g. Pen and Paper
A person who sells goods is commonly referred to as a "merchant" or a "vendor." Other terms that may be used include "retailer," "shopkeeper," or "seller." The specific title can depend on the nature of the business and the context in which the individual is selling goods.
There is no "legit" gold buying site, because selling in-game gold, characters and items is against the terms of service of Blizzard. As such, when you buy gold you run the risk of getting banned, regardless.
In short, it is "commerce" To buy or sell is predicated on Contract. Buying or selling is irrelevant, but you need: (1) Offer (I am offering you a 'mug') (2) Acceptance (I accept on the terms) (3) Consideration (What the 'acceptor', or buyer gives in exchange for the mug. This can be a service, a promise, or anything in value or money) (4) Agreement ( The meeting of minds) A contract will necessary pass on property in goods or services; and certainly in goods, the seller must pass good 'paper title' or ownership to the buyer so that the buyer can become the owner. If services are agreed for, then the one who buys the services will have a legal personal right against the other for those services whether or not he has already paid for the services (or consideration has passed).
Capital goods are items used to produce other goods and services, like machinery and equipment, while consumer goods are products meant for direct consumption, like food and clothing. Capital goods drive economic growth by increasing productivity and efficiency, while consumer goods drive demand and consumption. The production and use of capital goods can lead to long-term economic development, while consumer goods contribute to immediate satisfaction and well-being in society. Both types of goods play important roles in the economy and society, but their impacts differ in terms of long-term growth versus immediate consumption.