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Owned goods and services refer to products and services that an individual or organization possesses and utilizes for personal or operational purposes. Owned goods can include physical items like vehicles, equipment, and property, while owned services may encompass subscriptions or contracts that provide ongoing support or access. These goods and services contribute to the functionality and efficiency of everyday activities, whether for personal use or business operations. Essentially, they represent resources that are under the control of the owner.
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What are the Difference between good and service?
Goods are tangible products that can be seen, touched, and stored, such as cars or clothing. Services, on the other hand, are intangible activities or benefits provided to consumers, such as haircuts or legal advice. While goods can be owned and resold, services are typically consumed at the point of delivery and cannot be owned. Additionally, the quality of goods can often be measured and compared, whereas services are often evaluated based on personal experience and satisfaction.
What is the difference between economic goods and sevices?
Economic goods are tangible products that can be touched and owned, such as cars, clothing, or food. In contrast, services are intangible activities or benefits provided to consumers, like healthcare, education, or entertainment, which cannot be physically possessed. While goods can be stored and sold, services are often consumed at the point of delivery and cannot be stored. Both goods and services are essential in fulfilling consumer needs and wants within an economy.
What are the four fundamental economic questions?
What goods and services will be produced?How will the goods and services be produced?Who will get the goods and services?How will the system accomodate change?
What is physical goods?
Physical goods are tangible products that can be seen, touched, and measured. They include items such as clothing, electronics, food, and furniture, which can be manufactured, stored, and transported. Unlike services, which are intangible and involve activities or benefits, physical goods have a physical presence and can be owned or consumed.
Is barter the exchange of goods and services for other goods and services?
yes
What is difference between a company and co-operatve society?
A company is owned by shareholders and provides goods or services to customers. A co-operative is owned by the customers who use the goods or services it produces.
What is America's economy?
Market economy.Consumers decide which goods and services they want, and are provied by businesses that are mostly privately owned
What are the Difference between good and service?
Goods are tangible products that can be seen, touched, and stored, such as cars or clothing. Services, on the other hand, are intangible activities or benefits provided to consumers, such as haircuts or legal advice. While goods can be owned and resold, services are typically consumed at the point of delivery and cannot be owned. Additionally, the quality of goods can often be measured and compared, whereas services are often evaluated based on personal experience and satisfaction.
Is Egypt a Capitalism Communism or Socialism?
Egypt is a capitalistic country. It's resources, factories, goods and services are owned by a group of rich people.
What are the public sectors?
These are the organisations where everything is owned and controlled by the government (or local government). These don't produce anything instead provide services. there are some goods like merit goods and public goods which are better provided in public sector.
What are public sectors?
These are the organisations where everything is owned and controlled by the government (or local government). These don't produce anything instead provide services. there are some goods like merit goods and public goods which are better provided in public sector.
How do you place a value on money?
By the amount of goods or services you can buy for it. By the amount of goods or services you can buy for it. By the amount of goods or services you can buy for it. By the amount of goods or services you can buy for it.
Match the role with the actions taken by players in that role.?
consumer- Purchasing goods and services producers-Providing goods and services worker-Making goods and services
What services are offered by FreeBay?
The services offered by Free Bay are for people who have goods or excess goods they don't need or use anymore. They have also introduced the Swop Shop page where a person can trade goods for goods, goods for services, services for goods, and services for services.
What is P2P peoplesoft?
an application now owned by Oracle to manage and hopefully streamline the purchase of goods and services for a business. P2P means Procurement to Payment.
What is the difference between economic goods and sevices?
Economic goods are tangible products that can be touched and owned, such as cars, clothing, or food. In contrast, services are intangible activities or benefits provided to consumers, like healthcare, education, or entertainment, which cannot be physically possessed. While goods can be stored and sold, services are often consumed at the point of delivery and cannot be stored. Both goods and services are essential in fulfilling consumer needs and wants within an economy.
What are the four fundamental economic questions?
What goods and services will be produced?How will the goods and services be produced?Who will get the goods and services?How will the system accomodate change?
