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US Federal Government
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What are the four classification of consumer Goods and services?
There are four classifications of consumer goods and services. These include convenience, shopping, unsought products, as well as specialty services.
What are the characteristics of services compared with goods?
Goods are a tangible item where services are not tangible that provide a value to a consumer.
What is the consumer for the economic system?
Both buys goods for consumption and uses goods and services.
What is the difference between a trader and a consumer?
A trader is someone who purchases or sells, voluntarily swap of goods and services. A consumer is a person, organisation or a business that buys goods and services.
What term indicates the exchange of goods and services within a single country?
The exchange of goods and services within a single country is called domestic trade.
Which market or markets are consumer goods and services bought into?
Goods or services bought by a consumer are bought in the consumer market. The consumer market includes fast moving consumer goods, consumer durables, soft goods and services.
Which of the following is the world's largest consumer of goods and services?
The question is incomplete. No options are given (for which of the following) to answer the question.
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 are the four classification of consumer Goods and services?
There are four classifications of consumer goods and services. These include convenience, shopping, unsought products, as well as specialty services.
What are the three economic systems?
1. What goods and services should be produced? (goverment,producer, consumer) 2. How should these goods and services be produced? (goverment, producer, consumer) 3. For whom should the goods and services be produced?(goverment, producer, consumer)
What is Consumer prices?
Consumer Price Index (CPI) is an index of the changes in the cost of goods and services to a typical consumer, based on the costs of the same goods and services at a base period.
What are the characteristics of services compared with goods?
Goods are a tangible item where services are not tangible that provide a value to a consumer.
What is the consumer for the economic system?
Both buys goods for consumption and uses goods and services.
What is an example of a consumer when talking about business?
A shopper because they buy goods. A consumer is a person who buys goods or services.
What does a producer depend on a consumer for?
Producers make goods/services and depend on the consumer to buy them so they can make money and continue making more goods/services.
A consumer is an individual who does what to goods and services?
all of the above
A person who buys goods and services?
My answer is a consumer
