0
What is the economic rule that explains why you stop purchasing goods and services after you have consumed some?
Wiki User
∙ 9y ago
The economic rule states that we will consume only while marginal benefit exceeds marginal cost.
Wiki User
∙ 9y ago
Add your answer:
Earn +20 pts
Services that are performed for us are considered consumed?
They are consumed goods.
Definition of economic growth?
it refers to an increase in a country's real output of goods and services. it explains quantitative changes in economy.it is mainly related to developed countries.
What are the different economic and non economic costs of unemployment?
Economic costs is the decrease in goods and services that occurs as result of unemployment but non-economic cost is the increase in goods and services that occur as result of unemployment.
What is the economic term for the money that is received from the sale of goods and services?
Revenue is the economic term for the money that is received from the sale of goods and services.
Which type of economic activity is located wherever people need services?
Which type of economic activity is located wherever people need services
What is the economic rule that explains why you stop purchasing goods and services after you haved consumed some?
The economic rule states that we will consume only while marginal benefit exceeds marginal cost.
What field of anthropology studies how goods and services are produces and distributed in a society?
Economic anthropology studies how goods and services are produced, distributed, and consumed in a society. It focuses on understanding the economic systems, exchange mechanisms, and production methods of different cultures around the world.
Services that are performed for us are considered consumed?
They are consumed goods.
Definition of economic growth?
it refers to an increase in a country's real output of goods and services. it explains quantitative changes in economy.it is mainly related to developed countries.
Assets consumed or services used is also known as?
An expense
What is an example of an input in activity-based costing?
Resources are inputs, such as materials, labor, equipment, and other economic elements consumed by an activity in the production of an output. Outputs are products, services, and accompanying information flowing from an activity.
What are the role of the purchasing department in an organization?
The purchasing department is responsible for buying all the goods and services for the organization.
Can a DVR be used without purchasing additional services?
Yes, a DVR can be used without purchasing additional services. Having Internet or a phoneline would be better than having no services, but you should not skimp on the basics. What you do get, get the good stuff.
What are the different economic and non economic costs of unemployment?
Economic costs is the decrease in goods and services that occurs as result of unemployment but non-economic cost is the increase in goods and services that occur as result of unemployment.
What are media buying services?
Media buying services are providers who specialize in purchasing media for business clients.
What is the economic term for the money that is received from the sale of goods and services?
Revenue is the economic term for the money that is received from the sale of goods and services.
What can you purchase with a government purchase card?
Purchasing support services Ordering tools from a catalog over the telephone Purchasing supplies for the office
