Which Of The Following Is True About Goods And Services?

Assertion (A): There are several appurtenances and services that society needs however private sector doesn t produce all of them. Reason (R): Private sector is profit driven. (a) Both A & R are truthful and R is the right ... correct caption of A. (c) A is true but R is imitation. (d) Both A & R are false.
Last Respond : (a) Both A & R are true and R is the correct explanation of A

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Which of the following is non truthful of changes in a business firm's technological environs? A. New technology allows for new ways of communicating with a firm'south customers. B. New technology always ... permit new goods and. services to be developed. D. New technology lowers the product learning curve.
Terminal Reply : New technology always leads to benefits for firms.

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Argument (A). The GATT applied only to merchandise in merchandise appurtenances. Reasons (R). The wro covers trade in goods, services and trade in ideas or intellectual properties. A. Both (A) and (R) are truthful and (R) is the correct ... A). C. (A) is true simply (R) is faux. D. (A) is false but (R) is true
Last Answer : . A. Both (A) and (R) are true and (R) is the right explanation of

asked Aug iv, 2021 by bearding

Which is not true regarding differences between goods and services? (a) Services are more often than not produced and consumed simultaneously, tangible goods are not. (b) Services tend to have a more than inconsistent ... tend to take higher client interaction than services. (d) None of the above are truthful.
Final Answer : (c) Goods tend to take higher customer interaction than services.

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asked Mar 24, 2021 by bearding

Including vodka, what goods and services, will be hard to become from the world's sanctions on Russian appurtenances?
Last Answer : I don't drink Russian vodka, consume Russian caviar or bulldoze Russian cars. Gas and oil will be problematic.

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asked Mar five past bearding

What goods' or services' prices dropped/increased the most over time?
Last Answer : When I offset started driving, a gallon of gas, and a pack of smokes were the same toll. They stayed similar that for quite some time, until an insane tax amount was put on tobacco, supposedly to deter ... Normal sized candy confined went from a nickel to a dime during my childhood. At present they are a dollar.

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asked Mar 5 by bearding

How do you feel about name brand goods and services?
Last Answer : answer:For 25 years I was one of those Mad Men who wrote ads and Television commercials for national and regional production and service brands, so my view is skewed toward the position that many proper noun brands ... , I've discovered a number of store brands that are both cheaper and quite adequate for my needs.

asked Mar 1 past anonymous

As the wealth gap widens between the rich and the poor. Why exercise companies and corporations seem not concerned that before long in that location will exist very few people left that tin really beget their goods and services?
Last Answer : answer:Short-term Considering the people at the summit know it's a pyramid scheme and already have their exit strategy in identify one time they are washed looting everything. Long-term goods and services will ... access them information technology all comes toppling down. It's destined to fail eventually since resource are finite.

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asked Mar ane by anonymous

No politicking, just economics. Would but taxing all goods and services piece of work ameliorate than the American system of taxation? Akin to sales taxation.
Last Answer : I recollect, and accept for awhile, taxing individuals is messy and inefficient. Taxing all goods and services is even more than messy and inefficient. If I had to redo from scratch, I'd perhaps merely taxation corporations, inheritances, and capital gains as a manner to simplify everything.

asked Feb 27 by anonymous

When you shop/hire/ exercise you prefer goods or services from a Wedlock shop or an Independent worker?
Last Reply : Independent.

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asked Feb 27 by anonymous

What exercise y'all recall of going on a castling system with goods for services and visa versa?
Last Answer : I recollect trading is a great thought. Are there any laws prohibiting us from doing this? I gauge we don't considering it is easier to carry 20 dollars to the store to purchase a t-shirt than to carry a couple of chickens. :-0

asked February 27 past anonymous

What makes a person prefer selling goods vs services?
Last Reply : I think it all depends on the skill prepare of the person in question. I am a graphic designer and so I sell my services. If I were a carpenter I'd sell the article of furniture I fabricated, which would be my goods.

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asked Feb 27 by anonymous

What actions warrant a lifetime cold-shoulder of goods or services?
Last Answer : Personally, I think that, while noble, this makes no sense anymore. A lot of VWs, BMWs, etc. are congenital in the U.S. now. Diamler owned Chrysler for a while - so should Chrysler be boycotted? (maybe ... they be punished, so to speak, for something that they do non approve of, nor are able to change?

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asked Feb 26 by anonymous

'Money cannot buy all the goods and services that ane needs to live well.' Explain. -SST tenth
Last Answer : (i) Money or material things that one can buy with it is one factor on which our life depends. But the quality of our life also depends upon non-cloth things like equal treatment, freedom, ... even can not provide us a blazon of government which take decisions for the welfare of the common people.

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asked Feb three by anonymous

'Coin in your pocket cannot purchase all the goods and services that one need'. -SST 10th
Last Respond : (i) Peace (ii) Pollution free environment (iii) Good health (iv) Liberty

asked Feb 3 by anonymous

'While estimating the national income, only the value of the final goods and services is used.' -SST 10th
Terminal Answer : While estimating the performance of a sector, just the value of concluding goods and services is used. This is for avoiding double counting. The counting of the merely the value of terminal goods and services is used. ... income only the value of the final output; i.eastward., 10 250 should exist included not X 700.

asked February 3 by anonymous

How can coin hands commutation information technology for goods or services? Give example to explain -SST 10th
Terminal Answer : Money acts easier to exchange for goods and services: . A person holding money can easily exchange it for any commodity or service that he or she might desire. . Everyone prefers to receive ... to sell and buy each others bolt. This process is very difficult, fourth dimension consuming and unhealthy.

asked Feb iii past bearding

"Money in your pocket cannot buy all the goods and services that you lot may demand to live well." -SST 10th
Last Respond : Income by itself is not a completely adequate indicator of textile appurtenances and services that citizens are able to use. Unremarkably, money cannot purchase us a pollution-free surround or ensure ... able to protect y'all from infectious diseases, unless the whole of your community takes preventive steps.

asked Feb iii past anonymous

How can money be easily exchanged for appurtenances or services ? Requite an example to explicate. -SST 10th
Last Answer : 1. Coin every bit a standard medium of payments tin easily be exchanged for any commodity or service considering transactions involving coin but involve the apply of coin which in plow is very user-friendly every bit against ... they wish to buy. Coin is, thus, the well-nigh convenient and fourth dimension-saving medium of exchange.

asked Feb 3 past anonymous

Think of other examples where commonage provision of appurtenances and services is cheaper than private provision -SST 10th
Last Reply : In factories where appurtenances and services are produced at mass scale, in mining areas and in manufacturing units where also goods are produced and manufactured in bulk. So, few merchants adopt to ... . Therefore it tin can exist said that collective of goods and services is cheaper than individual provision

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asked Feb 3 by anonymous

Practice democracies pb to a simply distribution of goods and services. Justify your reply. -SST tenth
Last Answer : Democracies are based on political equality. All citizens have equal right in electing representatives. This is not so in the economic field. Economical equality come by the equitable distribution of wealth, ... hard even to meet the basic needs of life like food, shelter, wellness and instruction.

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asked Feb three past anonymous

"Money cannot purchase all the goods and services that a person may need to live well". -SST 10th
Last Answer : Money cannot buy all the goods and services that a person may need to live well. Income past itself is non a completely adequate indicator of fabric goods and services that citizens are ... to protect individual from infections, disease, unless the whole of our community takes preventive steps.

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asked Feb 3 by anonymous

Requite a few examples where collective provision of goods and services is cheaper than private provision. -SST 10th
Last Answer : Collective security for the whole locality is cheaper than individual security to each firm. For instance a swimming or a playground for all people will exist cheaper than individual ones.

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asked Feb 3 by anonymous

What do final goods and services mean ? -SST 10th
Concluding Answer : Full product of the sectors.

asked February 3 past anonymous

How tin can money be easily exchange itself for appurtenances or services ? -SST 10th
Terminal Reply : Money acts as a medium to exchange itself for goods and services : A person property coin can hands substitution information technology for any commodity or service that he or she might Everyone prefers to receive ... to sell and buy each other'south commodities. This procedure is very hard, time consuming and unhealthy.

asked Feb iii past anonymous

List the data about goods and services which should be available under the Right to Information (RTI). -SST 10th
Last Respond : Particulars about the goods and services are available equally given beneath : (i) Ingredients used in the production. (ii) Date of manufacture. (three) Expiry engagement (upto which date can be use) (four) Address of the manufacturer. (v) Directions for proper utilise.

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asked February 3 past bearding

is characterized by the unregulated commutation of services and goods. -Full general Noesis
Last Answer : Capitalism is characterized by the unregulated commutation of goods and services.

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asked Feb iii past anonymous

Explicate the four requirements for production of goods and services. Explain the importance of whatsoever one. -Economic science 9th
Last Answer : The iv requirements of production of goods and services are country, labor, concrete upper-case letter and human capital. ane) Land - Land is the physical place where all the economic activity takes ... other requirements similar country, labor and physical capital to beginning the production of goods and services.

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asked Feb three by anonymous

Which of the post-obit is an case of a business that provides both goods and services?
Last Answer : Habiliment store

asked Feb i by bearding

What is buying and selling goods and services on the net chosen ?
Last Reply : Buying and selling products and services on the Net is called e-commerce.

asked Jan 28 by bearding

A place where the goods and services are bought and sold.
Last Respond : A place where the appurtenances and services are bought and sold.

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In greenbacks transactions, appurtenances or services are purchased for a certain value to be paid in the future.
Last Answer : State whether the following statement are truthful or false with reason : In cash transactions, appurtenances or ... a certain value to be paid in the future.

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In barter transactions, goods or services are purchased for other appurtenances or services.
Last Reply : Land whether the post-obit statement are true or false with reason : In barter transactions, ... services are purchased for other appurtenances or services.

In credit transactions, goods or services are purchased for cash only
Terminal Answer : State whether the following statement are truthful or false with reason : In credit transactions, goods or services are purchased for cash merely

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In greenbacks transaction, appurtenances or services are exchanged for __________
Concluding Answer : In greenbacks transaction, goods or services are exchanged for __________ (a) other goods (b) other services (c) immediate cash (d) grains

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(i) Auction or purchase of appurtenances or services for a certain value to be receivable or payable in the future.
Last Answer : Requite the word term or phrase which tin substitute each of the post-obit statement : (i) ... services are withdrawn by the proprietor for self-use.

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In a pure market economy who determines which goods and services are produced and in what quantities?
Last Answer : Need respond

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What makes markets for health intendance services different from markets for other goods and services?
Last Answer : Need answer

Why do firms produce goods and services in a market economy?
Last Reply : Feel Free to Answer

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What is the Almost important tool for the analyzing the production distribution and consumption of goods and services?
Last Answer : Economic analysis is demand for analyzing the production,distribution and consumption of goods. This allows a grouping orbusiness understand what goods are the most needed and sell thebest.

What cistron determines how much households can spend on final appurtenances and services?
Last Respond : Demand answer

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In economics all goods and services that be must be fabricated past whcih of the following?
Concluding Respond : Need answer

What is the Most important tool for the analyzing the production distribution and consumption of appurtenances and services?
Last Reply : Economic analysis is need for analyzing the production,distribution and consumption of appurtenances. This allows a group orbusiness understand what goods are the most needed and sell thebest.

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Who is the GNP'southward largest purchaser of appurtenances and services during a time of war?
Final Answer : The U.S. authorities(Kaylop)

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Forestry outside the conventional forests which primarily aim at providing continuous menses of goods and services for the do good of people
Final Answer : Ans. Social forestry

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The revenue enhancement which is levied on goods or services produced or purchased.
Last Answer : Ans. Indirect taxation

Which of the post-obit is non an investment expenditure in appurtenances and services? (ane) Expansion of the chief establish of a company (2) Buy of a house (iii) Purchase of machinery (4) An increase in business in ventories
Last Answer : (2) Purchase of a house Explanation: Investment expenditure refers to the expenditure incurred either by an Individual or a business firm or the government for the creation of new upper-case letter assets like ... buy of business firm cannot be considered as investment expenditure every bit information technology may exist for personal use.

'PROTECTION' means - (1) Restrictions imposed on import merchandise (two) Protection to home industries (3) No free substitution of goods and services between two countries (4) All of the above
Last Answer : (iv) All of the above Explanation: Protectionism is the economic policy of restraining trade betwixt states through methods such every bit tariffs on imported appurtenances, restrictive quotas, and a ... protect businesses and workers within a country by restricting or regulating trade with foreign nations.

Which terns is used in economics for the market value of all appurtenances and services in one yr by labour and properly supplied by the residents of the land? (1) GDP (2) GPN (iii) OMP (4) GNP
Last Respond : (4) GNP Explanation: Gross National Product (GNP) is defined as "the market value of all goods and services produced in i year by labour and holding supplied past the residents of a country. It is ... ), defined as "the value of all final goods and services produced in a country in I year."

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