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Why are goods produced?
Goods are produced to meet a demand. Consumers want the goods, they are willing to pay, the supplier must produce the goods or risk loss.
What is the Cause of demand pull-inflation?
Consumers want more and more goods and services - APEX
Which of the following is the cause of deamd-pull inflation?
Consumers want more and more goods and services
What type of goods should be purchased by the consumers?
Consumers want a very wide variety of goods and services. We want food and clothing and housing and education and medical care and entertainment and transportation, books and toys and computers and phones and TVs, guns, pets, alcoholic beverages and cigarettes, decorative objects, jewelry, etc. We want haircuts, elaborately painted fingernails, and a thousand other things. I could never list all of them.
For whom are goods and services produced in a market economy?
Goods and services are produced for consumers . What the consumer wants, the entrepraneur or company will give..
For consumers when there is the goods they want to buy?
demand
Why are goods produced?
Goods are produced to meet a demand. Consumers want the goods, they are willing to pay, the supplier must produce the goods or risk loss.
What is the Cause of demand pull-inflation?
Consumers want more and more goods and services - APEX
Which of the following is the cause of deamd-pull inflation?
Consumers want more and more goods and services
What type of goods should be purchased by the consumers?
Consumers want a very wide variety of goods and services. We want food and clothing and housing and education and medical care and entertainment and transportation, books and toys and computers and phones and TVs, guns, pets, alcoholic beverages and cigarettes, decorative objects, jewelry, etc. We want haircuts, elaborately painted fingernails, and a thousand other things. I could never list all of them.
For whom are goods and services produced in a market economy?
Goods and services are produced for consumers . What the consumer wants, the entrepraneur or company will give..
The amount of goods that people want?
there are so many goods that people want there is no number
Why would an economist want to study old or new advertisements receipts and coupons?
They study the consumers who buy those goods and services.
Which describes one of the ways that culture influences consumer goods?
Culture influences consumer goods by shaping preferences, values, and behaviors. For example, different cultural norms and beliefs can impact the design, packaging, and marketing strategies of products to align with the target audience's cultural values and traditions. Additionally, cultural influences can drive trends and demand for specific products based on cultural significance or symbolism.
Is there any disadvantage to government placing tariff on imported goods?
There are several disadvantages to governments placing tariffs on imported goods. For example, countries may not want to import goods if they have to pay a tariff, and this process raises prices for consumers.
What may not be indicated by low long-term interest rates?
that consumers want to borrow money to invest
What is the using of goods and services called?
Production is the creation of goods and services. It is used to help deliver what consumers need and want through consumption.
