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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.
What is the difference between the situation where competition and producers exists?
two or more producers are trying to sell the same goods and service to the same consumers
What is the difference between service and production industries?
What could be seen as the difference is that the service industries are respondsible for d production of services for human both tangible and intangible service while production industries are responsible for invention of both goods and services to satisfy human unlimited wants
What is the difference between inferior and normal goods?
Cheese
What is the difference between the revenue that a business gets for its goods and services and the cost of producing the goods and services?
Labor
Difference between expenditure on final goods and expenditure on intermediate goods?
The difference between intermediate goods and final goods is in their nature. Intermediate goods are finished goods which can be used to make other good like wool. The final goods are sold to consumers like a woolen coat.
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.
What is the difference between lump sum contract and turnkey contract?
A lump sum contract is an agreement to make a one time payment for goods and services as specified by the purchaser in the agreement. A turnkey contract is an agreement to deliver a completed ready to use service or project without any specifications made by the purchaser.
What is the difference between contract for services and contract for goods?
Services are for someone to do something, such as paint the house. Good are specific items, such as buying cans of paint.
What is the difference between sale of goods and an agreement of sale of goods?
A sale concludes with the delivery of the goods to the purchaser. If that has not yet been done, it is only an agreement which has yet to be completed (an executory contract).
What are the UCC principles of good faith and reasonableness to sales contracts?
Under UCC Article 2 it has to do with what's considered legal between two parties where a contract is concerned for goods and service. For example, if there isn't a written contract but goods are ordered and received, accepting the goods upon delivery creates a contract between the two interested parties.
What is the difference between services and merchandising?
Merchandisers sell goods produced by manufacturers while service companies do not make or sell goods.
What is the difference between cost of sales and cost of goods sold?
There is no difference between the cost of goods sold and cost of sales. Both are same.What if Cost of Sales relates to a service rather than a "good"? Does that not signify a difference? For example a cost of sales for a service would contain no starting and finishing inventory component as is described in some texts as a way of calculating cost of goods sold.
What is the difference between service tax and sales tax?
Service Tax is levied by service organisation like hotels whereas sales tax is added to the cost of goods and collected when goods are sold. Both are collected by the Govt.
What is the difference between a service company and a retail company?
Retail company provides goods for you to buy... for example, clothing stores. Service company provides you a service... for example, a cable television provider.
What is difference between service industry and retail industry?
The retail industry is exchanging money for goods while the service industy does not provide physical goods rather money for the service that the professional is providing, i.e. retail examples; store clerks, salesperson service examples; carpet cleaners, teachers
What is the difference between the situation where competition and producers exists?
two or more producers are trying to sell the same goods and service to the same consumers
