People who make goods and services are called _____ . consumers producers investors

2 answers:

8 0

People who make goods and services are called PRODUCERS.

They are called producers because they produce the goods and services needed by the consumers.

Consumers are people who requires the goods and services provided by the producers.

maks197457 [2]2 years ago

3 0

People who make goods and services are called PRODUCERS.

They are called producers because they produce the goods and services needed by the consumers.

You might be interested in

"generally, assuming no negligence on the part of the victim, when an endorsement on a check has been forged and properly report

katen-ka-za [31]

The party that is liable for the loss is the BANK. This is because, the bank is liable for forged checks, if it fails to verify the signature on the check very well. It is written in the law that a payor bank that pays a check with a forged payee signature has paid a check that is not properly payable and is liable to its customer.

8 0

2 years ago

Marketers have no flexibility in setting prices under conditions of

Mariana [72]

<span>c. no competition.is the answer</span>

8 0

3 years ago

Question 8 (1 point)

Lelechka [254]

Capitalism because it was on the day they did it

5 0

2 years ago

Read 2 more answers

Sadie and Ted must divide a stove, a hut, a chest, a nightstand, an igloo, and a trashcan. They assign points to each item as fo

Ulleksa [173]

Answer:

a. Ted gets the hut; Sadie gets the rest.

Explanation:

Since Ted placed a much more higher priority on the hut by assigning it 35 points more than all other items, and Sadie placed a very low priority on the hut by assigning it 10 points when compared to all other items, it shows Ted is ready to let go of other items just to have the hut, and Sadie is ready to let go of the hut to have the other item. Hence, the "Ted gets the hut, Sadie gets the rest" splits is efficient.

4 0

2 years ago

Managerial accounting differs from financial accounting in that managerial accounting A. is required by Generally Accepted Accou

snow_tiger [21]

Answer:

The correct option is (b)

Explanation:

Managerial accounting is for internal purpose for the managers for decision making. It is not mandatory as per GAAP, unlike financial accounting. Transactions are recorded as per the understanding of managers and not as per specific standards,

Managerial accounting focuses on data being relevant and not necessarily objective. Since, it caters to internal users, it is customized as per their requirement. Financial accounting, on the other hand needs to be highly objective as it caters to a wider audience who need transparent and reliable financial information.

Therefore, managerial accounting focuses on data relevance over data objectivity.

4 0

3 years ago