What was the manufacture of consumer goods is the ultimate goal of?

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Description : Wholesaling is best defined as 1. all transactions in which products are bought for resale, for making other products, or for general business operations 2. all transactions made at retail ... 4. all marketing activities necessary to expedite exchanges to ultimate consumers 5. none of these

Last Answer : all transactions in which products are bought for resale, for making other products, or for general business operations

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Description : When determining how much goods to produce,what is the firm's goal?

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Description : The fundamental goal of energy management is to produce_ _ _ . A) least cost and least environmental effect. B) economical management. C) goods and services. D) none of the above

Last Answer : goods and services.

Description : The fundamental goal of energy management is to produce goods and provide services with_ _ _ A) least cost and least environmental effect. B) high cost and least environmental effect. C) least cost and least environmental effect. D) none of the above

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Description : The fundamental goal of energy management is a) To produce goods and provide services with the least cost. b) To produce goods and provide services c) To sell goods only d) To give services only

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Description : The fundamental goal of energy management is to ______ A. Produce goods and provide services with least cost and least environmental effects B. Produce goods and provide services with more cost and more ... goods and provide services with No cost and no environmental effects D. All of the above

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Description : In your opinion, what is better for the economy: cheap consumer goods or having a lot of decent jobs available?

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Description : Find consumer demand for goods a and b?

Last Answer : answer:

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Description : Did you ever think that your lifestyle habits with the concomitant easy flow of consumer goods would never end?

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Description : I wouldn't really try the devil's language shake.

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Description : How does the consumer income affect the demand for normal and inferior goods?

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Description : How did consumer goods change after World War 1?

Last Answer : What is the answer ?

Description : What consumer goods became an important part od American life in the 1950s?

Last Answer : Need answer

Description : How does the consumer income affect the demand for normal and inferior goods?

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Description : The difference between the GNP and the NNP is equal to the - (1) consumer expenditure on durable goods (2) direct tax revenue (3) indirect tax revenue (4) capital depreciation

Last Answer : (4) capital depreciation Explanation: Depreciation refers to two very different but related concepts: the decrease in value of assets (fair value depreciation), and the allocation of the cost of ... equal to capital depreciation. It is the wearing out, breaking down, or technological obsolescence.

Description : In the law of demand, the statement "Other things remain constant" means - (1) income of consumer should not change (2) price of other goods should not change (3) taste of consumer should not change (4) All of the above

Last Answer : (4) All of the above Explanation: In economics, the law of demand is an economic law, which states that consumers buy more of a good when its price is lower and less when its price is higher ... of good demanded by the consumer will be negatively correlated to the change in the price of the good.

Description : Which of the following are consumer semi-durable goods? (1) Cars and television sets (2) Milk and Milk products (3) Foodgrains and other food products (4) Electrical appliance like fans and electric irons.

Last Answer : (3) Foodgrains and other food products Explanation: Goods which are neither indestructible nor lasting are defined as Semi Durable Goods. They fall in the category between Durable Goods and ... are clothing or preserved foods: vehicles and electronic home appliances are classified as Durable Goods.

Description : Core Industries are - (1) Basic industries (2) Consumer goods industries (3) Capital goods industries (4) Government industries

Last Answer : (1) Basic industries Explanation: Core Industries are those necessary industries in an economy that are necessary for industrialization of a country. Such industries include Machine tools, chemicals, ... such as that of foreign exchange requirements should govern the definition of the core sector.

Description : State which of the following is correct? The Consumer Price Index reflects - (1) the standard of living (2) the extent of inflation in the prices of consumer goods (3) the increasing per capita income (4) the growth of the economy

Last Answer : (2) the extent of inflation in the prices of consumer goods Explanation: A consumer price index (CPI) measures changes in the price level of consumer goods and services purchased by households ... , pensions, for regulating prices and for deflating monetary magnitudes to show changes in real values.

Description : Consumer's sovereignty means: (1) consumers are free to spend their income as they like. (2) consumers have the power to manage the economy. (3) consumer's expenditures influence the allocation of resources. (4) consumer goods are free from government control,

Last Answer : (1) consumers are free to spend their income as they like. Explanation: Consumer sovereignty means that buyers ultimately determine which goods and services remain in production. In unrestricted markets, ... to motivate producers. So ultimately it means how the consumers want to spend their incomes.

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Last Answer : (c) Intermediate goods

Description : Dumping can be defined as 1. Throwing away consumer goods without destroying them 2. Buying industrial waste under sea 3. Throwing Radioactive waste in other countries 4. The sale of goods by a foreign supplier at a price below a native supplier's prices 5. None of these

Last Answer : The sale of goods by a foreign supplier at a price below a native supplier's prices

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Description : Classification of products into goods, services, and ideas is determined by the : 1. Degree of labour intensiveness 2. Type of markets 3. Dominant component 4. Skill of the service provider 5. Degree of consumer contact

Last Answer : Dominant componen

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Last Answer : Fast Moving Consumer Goods

Description : Consumer goods with unique characteristics or brand identification often requiring a special purchase effort are called : 1. custom products 2. speciality products 3. convenience products 4. shopping products 5. none of these

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Last Answer : c. budget surplus of $1000

Description : 1. Assume that there are only two goods: A and B In the base year, Quantity Price A 10 $1 B 10 $4 In the current year, Quantity Price A 20 $ 5 B 25 $20 The Consumer Price Index (CPI) for the current year is: a. 50 b. 100 c. 200 d. 500 e. 60

Last Answer : d. 500

Description : What are Capital goods? a) Goods used for consumption in the production process b) Goods such as tools, machinery, etc which are used to create final consumer goods c) Goods and services that are consumed fully when purchased by the consumers d) None of the above

Last Answer : : b) Goods such as tools, machinery, etc which are used to create final consumer goods

Description : Buying goods and services for further processing or for use in the production process refer to which of the following markets? A Consumer markets B. Government markets C. Business markets D. International markets

Last Answer : C. Business markets

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Last Answer : B)product

Description : Marketers can make better decisions if they analyse service products in terms of: A)durable and nondurable goods. B)durable and complex goods. C)complexity and variability. D)consumer and industrial goods. E)versatility and reliability.

Last Answer : C)complexity and variability.

Description : The primary purpose of a broker is to A)take title to a producer's goods before selling them to retailers or consumers. B)sell directly to the final consumer. C)supply products in ... permanent, trusting relationships with buyers. D)sell directly to producers. E)bring buyers and sellers together.

Last Answer : E)bring buyers and sellers together.