Study Island - The goods will assist in creating more capital.
Investing in capital goods can increase productivity and / or workforce. These can affect the Gross Domestic Product if quality or number of products increase consequently.
AnswerConsumer goods are only available for present use and will not produce wealth. Capital goods, though not providing an immediate benefit, will produce wealth for future use (for more consumer goods and/or more capital goods).
AnswerConsumer goods are only available for present use and will not produce wealth. Capital goods, though not providing an immediate benefit, will produce wealth for future use (for more consumer goods and/or more capital goods).
Desired capital stock is the level of capital stock that a firm needs to maximize its profits. It is obtained when the equation MPK = uc is balanced, where MPK is the marginal producitivity of capital and uc is the user cost. UC is obtained by rpk + dpk, where r is the expected real interest rate, d is the rate at which capital depreciates, and pk is the real price of capital goods.
Caring goods from one place to another by investing capital in motive to earn profit. This is called commerce
The goods will assist in creating more capital.
Investing in capital goods can increase productivity and / or workforce. These can affect the Gross Domestic Product if quality or number of products increase consequently.
AnswerConsumer goods are only available for present use and will not produce wealth. Capital goods, though not providing an immediate benefit, will produce wealth for future use (for more consumer goods and/or more capital goods).
AnswerConsumer goods are only available for present use and will not produce wealth. Capital goods, though not providing an immediate benefit, will produce wealth for future use (for more consumer goods and/or more capital goods).
Desired capital stock is the level of capital stock that a firm needs to maximize its profits. It is obtained when the equation MPK = uc is balanced, where MPK is the marginal producitivity of capital and uc is the user cost. UC is obtained by rpk + dpk, where r is the expected real interest rate, d is the rate at which capital depreciates, and pk is the real price of capital goods.
Caring goods from one place to another by investing capital in motive to earn profit. This is called commerce
Revenue Income:which is earned or generated by sales of goods or services.Capital Income:Cash or goods used to generate income by investing in business or other property.Example:Investment in shares and gain on sale of asset.
YES Computer is capital goods
the supply of goods and service's would increase
income goods means goods that were not used by producers. And outcome goods called produced goods
capital goods or capital
Capital goods are bigger and more expensive than consumer goods.