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What is land an example of?
An example of land would be the fields that farmers use to grow goods on, or the land the is used to make factories on top of in order to produce other goods and services.
What is Internet purchasing?
Internet purchasing is the buying of goods and services from the internet for example the sale of items by persons on ebay and Amazon.com. In order for the sales to be confirmed there must be an offer to the offeree.
What are the Amount spent in order to produce and sell the goods and services is called?
Expensive
What is the definition of order letter?
The letters which contain a formal request for the supply of goods and services are termed as ORDER LETTERS.
What is a facilitating products?
Goods and services that must be present in order to use core product
What must business provide to consumers in order to satisfy their wants and needs?
goods and services
What is an organizational buyer?
Businesses, government agencies, and other institutions buy products and services to maintain their organizations and achieve their organizational objectives. Organizational buyers buy goods and services in order to produce other goods and services for sale.
Middle-order goods and services?
Middle-order goods and services are products that are used to create other products or services but are not the final consumer goods. They are typically purchased by businesses for further production or resale. Examples include raw materials, components, machinery, and technology.
What is the difference between a quote and a purchase order?
A quote is a document that provides the estimated cost of goods or services, while a purchase order is a formal document issued by a buyer to a seller to confirm the purchase of specific goods or services at an agreed-upon price.
How Goods Services are produced?
goods and services in a market economy should be produced by labor. capital is needed so that physical products are produced by labor. capital tends to make labor more productive. in order to makes products land is needed to create for labor. labor is used to create capital on land to produce wealth.
Who are the four largest importers of the US goods and services?
in order Canada, Mexico, China, and Japan
Why were houses in early villages built so close together?
Because they are low-order goods and services
