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3 years ago

One difference between services in the production of goods is that the services are consumed blank where as good as can be blank

1 answer:

8 0

One difference between services in the production of goods is that the services are consumed by the consumer instantly where as good as can be stored by the consumer

Explanation:

Goods and services are two important types of purchases that people make.

A good is termed as tangible or physical product that people can buy, tangible meaning something you can touch,and store for later use

A service is said to be intangible, which can't be physically touched or stored.You can only pay for a service

The term Perishability means that services cannot be stored for later sale or use. In other words, services cannot be inventoried. This is one of the most significant characteristics of services, and it has a major impact on financial results of a company

One difference between services in the production of goods is that the services are consumed by the consumer instantly where as good as can be stored by the consumer

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The fact that business customers purchase products to be used directly or indirectly in the production of goods and services to

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Answer:

The correct answer is C

Explanation:

Demand for business products is referred to as the derived demand, which means that the firm or business bought the products to be used while producing the products of customer.

And a small decrease or increase in the demand of the consumer could produce the larger change in the demand for the manufacturing equipment and facilities required to make the product for consumer.

So, the needs of the customer states that the demand for the business product is derived.

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3 years ago

10. Benefits of free-trade agreements Suppose that Indonesian consumers previously faced higher prices on shoes than they do und

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Increased variety of goods Indonesian consumers have enjoyed more consumer surplus from their shoe purchases than they did before their nation adopted an international agreement on trade restrictions.

Answer: Option C.

Explanation:

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With the increase in the free trade agreement, the variety which is available with the consumers in the market also increases satisfying their needs and wants.

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3 years ago

Wright maintains an ending inventory for each month in the amount of one and one-half times the expected sales in the following

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Explanation:

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4 years ago

Incurring actual indirect factory wages in excess of budgeted amounts for actual production results in a?

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Incurring actual indirect factory wages in excess of budgeted amounts for actual production results in a controllable variance. Therefore, the option B holds true.

<h3>What is the significance of controllable variance?</h3>

Controllable variance can be referred to or considered as a variance that computes the difference between the actual quantity and the budgeted quantity sold or consumed by a firm in an economy. It can never be deficit, and is always in surplus of the budgeted amounts.

Therefore, the option B holds true and states regarding the significance of controllable variance.

Learn more about controllable variance here:

brainly.com/question/13985361

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The question seems to be incomplete. It has been added below for better reference.

Incurring actual indirect factory wages in excess of budgeted amounts for actual production results in a:

a. quantity variance

b. controllable variance

c. volume variance

d. rate variance

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2 years ago