Which of the following is true about goods and services?

Which of the following is true about goods and services?
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The answer is D.  Assuming the options are:A. Goods are generally more expensive to the consumer.B. Goods and services are often sold by the consumer.C. Services are usually provided at a distance while goods areproduced locally.D. Goods are physical while services are intangible.
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Assertion (A): There are several goods 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 true and R is the correct explanation of A (b) Both A & R are true but R is not the correct explanation of A. (c) A is true but R is false. (d) Both A & R are false.

Description : Assertion (A): There are several goods 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 true and R is the correct ... correct explanation of A. (c) A is true but R is false. (d) Both A & R are false.

Last Answer : (a) Both A & R are true and R is the correct explanation of A

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Description : Which of the following is not true of changes in a firm's technological environment? A. New technology allows for new ways of communicating with a firm's customers. B. New technology always ... allow new goods and. services to be developed. D. New technology lowers the production learning curve.

Last Answer : New technology always leads to benefits for firms.

Statement (A). The GATT applied only to trade in merchandise goods. Reasons (R). The wro covers trade in goods, services and trade in ideas or intellectual properties. A. Both (A) and (R) are true and (R) is the correct explanation of (A). B. Both (A) and (R) are true and (R) is the not correct explanation of (A). C. (A) is true but (R) is false. D. (A) is false but (R) is true

Description : Statement (A). The GATT applied only to trade in merchandise goods. Reasons (R). The wro covers trade in goods, services and trade in ideas or intellectual properties. A. Both (A) and (R) are true and (R) is the correct ... A). C. (A) is true but (R) is false. D. (A) is false but (R) is true

Last Answer : . A. Both (A) and (R) are true and (R) is the correct explanation of

Which is not true regarding differences between goods and services? (a) Services are generally produced and consumed simultaneously, tangible goods are not. (b) Services tend to have a more inconsistent product definition than goods. (c) Goods tend to have higher customer interaction than services. (d) None of the above are true.

Description : Which is not true regarding differences between goods and services? (a) Services are generally produced and consumed simultaneously, tangible goods are not. (b) Services tend to have a more inconsistent ... tend to have higher customer interaction than services. (d) None of the above are true.

Last Answer : (c) Goods tend to have higher customer interaction than services.  

Including vodka, what goods and services, will be hard to get from the world's sanctions on Russian goods?

Description : Including vodka, what goods and services, will be hard to get from the world's sanctions on Russian goods?

Last Answer : I don’t drink Russian vodka, eat Russian caviar or drive Russian cars. Gas and oil will be problematic.

What goods' or services' prices dropped/increased the most over time?

Description : What goods' or services' prices dropped/increased the most over time?

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How do you feel about name brand goods and services?

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As the wealth gap widens between the rich and the poor. Why do companies and corporations seem not concerned that before long there will be very few people left that can actually afford their goods and services?

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Last Answer : answer:Short-term Because the people at the top know it's a pyramid scheme and already have their exit strategy in place once they are done looting everything. Long-term goods and services will ... access them it all comes toppling down. It's destined to fail eventually since resources are finite.

No politicking, just economics. Would simply taxing all goods and services work better than the American system of taxation? Akin to sales tax.

Description : No politicking, just economics. Would simply taxing all goods and services work better than the American system of taxation? Akin to sales tax.

Last Answer : I think, and have for awhile, taxing individuals is messy and inefficient. Taxing all goods and services is even more messy and inefficient. If I had to redo from scratch, I’d perhaps only tax corporations, inheritances, and capital gains as a way to simplify everything.

When you shop/hire/ do you prefer goods or services from a Union shop or an Independent worker?

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Last Answer : Independent.

What makes a person prefer selling goods vs services?

Description : What makes a person prefer selling goods vs services?

Last Answer : I think it all depends on the skill set of the person in question. I am a graphic designer so I sell my services. If I were a carpenter I’d sell the furniture I made, which would be my goods.

What actions warrant a lifetime boycott of goods or services?

Description : What actions warrant a lifetime boycott of goods or services?

Last Answer : Personally, I think that, while noble, this makes no sense anymore. A lot of VWs, BMWs, etc. are built 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 not approve of, nor are able to change?

‘Money cannot buy all the goods and services that one needs to live well.’ Explain. -SST 10th

Description : ‘Money cannot buy all the goods and services that one needs to live well.’ Explain. -SST 10th

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-material things like equal treatment, freedom, ... even can not provide us a type of government which take decisions for the welfare of the common people.

‘Money in your pocket cannot buy all the goods and services that one need’. -SST 10th

Description : ‘Money in your pocket cannot buy all the goods and services that one need’. -SST 10th

Last Answer : (i) Peace (ii) Pollution free environment (iii) Good health (iv) Freedom

‘While estimating the national income, only the value of the final goods and services is used.’ -SST 10th

Description : ‘While estimating the national income, only the value of the final goods and services is used.’ -SST 10th

Last Answer : While estimating the performance of a sector, only the value of final goods and services is used. This is for avoiding double counting. The counting of the only the value of final goods and services is used. ... income only the value of the final output; i.e., X 250 should be included not X 700.

How can money easily exchange it for goods or services? Give example to explain -SST 10th

Description : How can money easily exchange it for goods or services? Give example to explain -SST 10th

Last 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 want. . Everyone prefers to receive ... to sell and buy each others commodities. This process is very difficult, time consuming and unhealthy.

“Money in your pocket cannot buy all the goods and services that you may need to live well.” -SST 10th

Description : “Money in your pocket cannot buy all the goods and services that you may need to live well.” -SST 10th

Last Answer : Income by itself is not a completely adequate indicator of material goods and services that citizens are able to use. Normally, money cannot buy us a pollution-free environment or ensure ... able to protect you from infectious diseases, unless the whole of your community takes preventive steps.

How can money be easily exchanged for goods or services ? Give an example to explain. -SST 10th

Description : How can money be easily exchanged for goods or services ? Give an example to explain. -SST 10th

Last Answer : 1. Money as a standard medium of payments can easily be exchanged for any commodity or service because transactions involving money only involve the use of money which in turn is very convenient as against ... they wish to buy. Money is, thus, the most convenient and time-saving medium of exchange.

Think of other examples where collective provision of goods and services is cheaper than individual provision -SST 10th

Description : Think of other examples where collective provision of goods and services is cheaper than individual provision -SST 10th

Last Answer : In factories where goods 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 prefer to ... . Therefore it can be said that collective of goods and services is cheaper than individual provision

Do democracies lead to a just distribution of goods and services. Justify your answer. -SST 10th

Description : Do democracies lead to a just distribution of goods and services. Justify your answer. -SST 10th

Last Answer : Democracies are based on political equality. All citizens have equal right in electing representatives. This is not so in the economic field. Economic equality come by the equitable distribution of wealth, ... difficult even to meet the basic needs of life like food, shelter, health and education.

“Money cannot buy all the goods and services that a person may need to live well”. -SST 10th

Description : “Money cannot buy 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 by itself is not a completely adequate indicator of material goods and services that citizens are ... to protect individual from infections, disease, unless the whole of our community takes preventive steps.

Give a few examples where collective provision of goods and services is cheaper than individual provision. -SST 10th

Description : Give a few examples where collective provision of goods and services is cheaper than individual provision. -SST 10th

Last Answer : Collective security for the whole locality is cheaper than individual security to each house. For example a pond or a playground for all people will be cheaper than individual ones.

What do final goods and services mean ? -SST 10th

Description : What do final goods and services mean ? -SST 10th

Last Answer : Total production of the sectors.

How can money be easily exchange itself for goods or services ? -SST 10th

Description : How can money be easily exchange itself for goods or services ? -SST 10th

Last Answer : Money acts as a medium to exchange itself for goods and services : A person holding money can easily exchange it for any commodity or service that he or she might Everyone prefers to receive ... to sell and buy each other's commodities. This process is very difficult, time consuming and unhealthy.

List the information about goods and services which should be available under the Right to Information (RTI). -SST 10th

Description : List the information about goods and services which should be available under the Right to Information (RTI). -SST 10th

Last Answer : Particulars about the goods and services are available as given below : (i) Ingredients used in the product. (ii) Date of manufacture. (iii) Expiry date (upto which date can be use) (iv) Address of the manufacturer. (v) Directions for proper use.

is characterized by the unregulated exchange of services and goods. -General Knowledge

Description : is characterized by the unregulated exchange of services and goods. -General Knowledge

Last Answer : Capitalism is characterized by the unregulated exchange of goods and services.

Explain the four requirements for production of goods and services. Explain the importance of any one. -Economics 9th

Description : Explain the four requirements for production of goods and services. Explain the importance of any one. -Economics 9th

Last Answer : The four requirements of production of goods and services are land, labor, physical capital and human capital. 1) Land - Land is the physical place where all the economic activity takes ... other requirements like land, labor and physical capital to start the production of goods and services.

Which of the following is an example of a business that provides both goods and services?

Description : Which of the following is an example of a business that provides both goods and services?

Last Answer : Clothing store

What is buying and selling goods and services on the internet called ?

Description : What is buying and selling goods and services on the internet called ?

Last Answer : Buying and selling products and services on the Internet is called e-commerce.

A place where the goods and services are bought and sold.

Description : A place where the goods and services are bought and sold.

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

In cash transactions, goods or services are purchased for a certain value to be paid in the future.

Description : In cash transactions, goods or services are purchased for a certain value to be paid in the future.

Last Answer : State whether the following statement are true or false with reason : In cash transactions, goods or ... a certain value to be paid in the future.

In barter transactions, goods or services are purchased for other goods or services.

Description : In barter transactions, goods or services are purchased for other goods or services.

Last Answer : State whether the following statement are true or false with reason : In barter transactions, ... services are purchased for other goods or services.

In credit transactions, goods or services are purchased for cash only

Description : In credit transactions, goods or services are purchased for cash only

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

In cash transaction, goods or services are exchanged for __________ 

Description : In cash transaction, goods or services are exchanged for __________ 

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

(i) Sale or purchase of goods or services for a certain value to be receivable or payable in the future.

Description : (i) Sale or purchase of goods or services for a certain value to be receivable or payable in the future.

Last Answer : Give the word term or phrase which can substitute each of the following statement : (i) ... services are withdrawn by the proprietor for self-use.

In a pure market economy who determines which goods and services are produced and in what quantities?

Description : In a pure market economy who determines which goods and services are produced and in what quantities?

Last Answer : Need answer

What makes markets for health care services different from markets for other goods and services?

Description : What makes markets for health care services different from markets for other goods and services?

Last Answer : Need answer

Why do firms produce goods and services in a market economy?

Description : Why do firms produce goods and services in a market economy?

Last Answer : Feel Free to Answer

What is the Most important tool for the analyzing the production distribution and consumption of goods and services?

Description : What is the Most important tool for the analyzing the production distribution and consumption of goods and services?

Last Answer : Economic analysis is need for analyzing the production,distribution and consumption of goods. This allows a group orbusiness understand what goods are the most needed and sell thebest.

What factor determines how much households can spend on final goods and services?

Description : What factor determines how much households can spend on final goods and services?

Last Answer : Need answer

In economics all goods and services that exist must be made by whcih of the following?

Description : In economics all goods and services that exist must be made by whcih of the following?

Last Answer : Need answer

What is the Most important tool for the analyzing the production distribution and consumption of goods and services?

Description : What is the Most important tool for the analyzing the production distribution and consumption of goods and services?

Last Answer : Economic analysis is need for analyzing the production,distribution and consumption of goods. This allows a group orbusiness understand what goods are the most needed and sell thebest.

Who is the GNP's largest purchaser of goods and services during a time of war?

Description : Who is the GNP's largest purchaser of goods and services during a time of war?

Last Answer : The U.S. government(Kaylop)

Forestry outside the conventional forests which primarily aim at providing continuous flow of goods and services for the benefit of people

Description : Forestry outside the conventional forests which primarily aim at providing continuous flow of goods and services for the benefit of people

Last Answer : Ans. Social forestry

The tax which is levied on goods or services produced or purchased.

Description : The tax which is levied on goods or services produced or purchased.

Last Answer : Ans. Indirect tax

Which of the following is not an investment expenditure in goods and services? (1) Expansion of the main plant of a company (2) Purchase of a house (3) Purchase of machinery (4) An increase in business in ventories

Description : Which of the following is not an investment expenditure in goods and services? (1) Expansion of the main plant of a company (2) Purchase of a house (3) 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 firm or the government for the creation of new capital assets like ... purchase of house cannot be considered as investment expenditure as it may be for personal use.

'PROTECTION' means - (1) Restrictions imposed on import trade (2) Protection to home industries (3) No free exchange of goods and services between two countries (4) All of the above

Description : 'PROTECTION' means - (1) Restrictions imposed on import trade (2) Protection to home industries (3) No free exchange of goods and services between two countries (4) All of the above

Last Answer : (4) All of the above Explanation: Protectionism is the economic policy of restraining trade between states through methods such as tariffs on imported goods, 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 goods and services in one year by labour and properly supplied by the residents of the country? (1) GDP (2) GPN (3) OMP (4) GNP

Description : Which terns is used in economics for the market value of all goods and services in one year by labour and properly supplied by the residents of the country? (1) GDP (2) GPN (3) OMP (4) GNP

Last Answer : (4) GNP Explanation: Gross National Product (GNP) is defined as "the market value of all goods and services produced in one year by labour and property supplied by the residents of a country. It is ... ), defined as "the value of all final goods and services produced in a country in I year."

Value-added means value of - (1) output at factor cost (2) output at market prices (3) goods and services less depreciation (4) goods and services less cost of intermediate goods and services

Description : Value-added means value of - (1) output at factor cost (2) output at market prices (3) goods and services less depreciation (4) goods and services less cost of intermediate goods and services

Last Answer : (4) goods and services less cost of intermediate goods and services Explanation: Value added is an economic term to express the difference between the value of goods and the cost of materials or ... services by others. So it is of goods and services less cost of intermediate goods and services.

"he national income consists of a collection of goods and services reduced to common basis by being measured in terms of money,"— Who says this? (1) Samuelson (2) Kuznets (3) Hicks (4) Pigou

Description : "he national income consists of a collection of goods and services reduced to common basis by being measured in terms of money,"— Who says this? (1) Samuelson (2) Kuznets (3) Hicks (4) Pigou

Last Answer : (3) Hicks Explanation: British economist John Hicks said that National income is a collection of goods and services reduced to a common basis by being measured in terms of money. Hicks ... macroeconomics. His book Value and Capital (1939) significantly extended general-equilibrium and value theory.