0
This is the economic definition of a consumer.
Wiki User
∙ 14y ago
Add your answer:
Earn +20 pts
What does it mean to have a delinquent debt?
A delinquent debt is a term used to indicate that an agreement for services and/or goods has not been honored. In other words, a person didn't pay their bill(s).
WHAT term may be used to describe the exchange of goods?
The transmission of goods and services between two or more stakeholders, without the use of funds is known as BARTERING. . It is the most ancient form of commercial transaction, whereby professionals and businesses alike, trade goods and services with one another depending on corresponding price and / or estimates of the goods and services being offered. Bartering is also primarily regarded as a form of taxable income.
What is difference between tax and duty?
Tax is a broad term & duty is a part of tax.......Tax levied on person, product, services & assets for example-INCOME TAX levied on person,VAT levied on sale of products,SERVICE TAX levied on providing taxable services, WEALTH TAX levied on assets..........Genrally DUTY levieble on goods for example-EXICE DUTY levieble on manufaturing of goods, CUSTOM DUTY levieble on import & exports of goods...........................Sachin gupta from jhalawar (RAJASTHAN)
What is meant by the term ecommerce?
ECommerce functionality is to allow for the online purchase of goods or services by credit cards or Pay Pal. Buying products over the Internet.
The term that are used for buying and selling goods?
trade
What term best describes anyone who buys or uses goods and services of any kind?
Consumer
What is the term for a person who uses goods or services?
The ultimate user is the "consumer." The familiar business term is "customer."
What is meant by the term trade?
Trade is the transfer of ownership of goods and services from one person to another
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.
The phrase or term thats used to refer to the number of goods and services available to each person in an economy is?
Supply is the phrase or term that is used to refer to the number of goods and services available to each person in an economy. The goal is to balance the supply with the demand for the good or service.
What is meant by the term provide a services?
goods
What is the phrase or term that's used to refer to the number of goods and services available to each person in an economy?
is equal opportunity
What term indicated the exchange of goods and services between countries?
The exchange of goods and services between countries is called international trade.
Which term describes what a manufacturer spends for goods or services?
cost
What is wholesale in tourism?
Wholesale is a term used in tourism. It means a person or firm that buys large quantity of goods from various producers or vendors, warehouses them, and resells to retailers. Wholesalers who carry only non-competing goods or lines are called distributors.
What is the definition of goods and services in geography?
Goods,services is the definition of "Economic Activity" which is the production of goods,services,labor,ect. So basically it is vice versa. Goods and service is'nt a definition is Geography, but is the definition of a geography term. Which is Economic activity.
What term describes the act of limiting the types of goods and services produced?
No
