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It's economy
What else can I help you with?
Economics is about the production of good and services which requires the allocation of what?
Resources
What do you call an economic activity that has to do with the creation of good and services?
Production
Have trade patterns on an international level shifted from services to good?
YES
Why money is not considered as factor as production?
Money is not a factor of production in economics because it is used as a way to facilitate trade, but does not actually produce goods or services on its own. Money is not considered a factor of production because it cannot be made into a good or service. It can only purchase them. Money facilitates trade, but it is not in itself a productive resource. A factor of production is an input to the production process, such as capital. Money is not capital as economists define capital, because it is not a productive resource.
What is trade one good or service for another?
To trade one good or service for another is to barter. "Exchange" is the answer for the Ancient Egyptian packet.Trading goods and services is the transfer of ownership. This can the trade of many of things.
What is the production of trade and goods of services?
It's economy
What is the production and trade of goods and services?
It's economy
What do you call an economic activity that has to do with the creation of good and services?
Production
Economics is about the production of good and services which requires the allocation of what?
Resources
Any movement along the production possibilities frontier involves the production of?
Any movement along the production possibilities frontier (PPF) involves a trade-off in the production of goods or services. Specifically, it indicates that to produce more of one good, resources must be reallocated from the production of another good, reflecting the opportunity cost. This movement highlights the efficient use of resources, as points on the PPF represent maximum production capabilities.
What is the control of all trade and production of a certain good or service?
A corporation
Have trade patterns on an international level shifted from services to good?
YES
Why do people need to buy and sell goods and services?
Services can also be produced as "products", and may include the production of goods. Inversely, services may contribute to the production of a good in a complex division of labour. As well as getting good product information to the right people.
Why money is not considered as factor as production?
Money is not a factor of production in economics because it is used as a way to facilitate trade, but does not actually produce goods or services on its own. Money is not considered a factor of production because it cannot be made into a good or service. It can only purchase them. Money facilitates trade, but it is not in itself a productive resource. A factor of production is an input to the production process, such as capital. Money is not capital as economists define capital, because it is not a productive resource.
What was the Production Budget for Trade?
The Production Budget for Trade was $12,000,000.
What is trade one good or service for another?
To trade one good or service for another is to barter. "Exchange" is the answer for the Ancient Egyptian packet.Trading goods and services is the transfer of ownership. This can the trade of many of things.
What is the meaning of MRTP?
Type your answer here... MRTP (Monopolistic Restrictive Trade Practice) A monopolistic trade practice is essentially a trade practice which represents the abuse of the market power in the production or marketing of goods, or in the provision of services.
