One difference between services in the production of goods is that the services are <u>consumed by the consumer instantly </u> where as good as can be<u> stored by the consumer </u>
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 <u>consumed by the consumer instantly </u> where as good as can be<u> stored by the consumer </u>
The pieces will be 3 times something and 5 times something.
3x + 5x = 160
Answer: fall; decrease
Explanation:
People save in order to be able to consume in future. If it is discovered that there will be no fixture, there would be no need to save. The supply of loanable funds would therefore decrease as people stopped saving.
Because there is reduced loanable funds, less investments would be done as these require loanable funds. With less investments being done, the economic output will decrease.
Answer:
$7,326
Explanation:
Double Decline Balance = 2 x SLDP x SLDBV
where,
SLDP = Straight Line Depreciation Percentage
= 100 ÷ useful life
= 100 ÷ 20
= 5 %
and
SLDBV = Straight Line Percentage Book Value
Year 1
Double Decline Balance = 2 x 5% x $81,400
= $8,140
Year 2
Double Decline Balance = 2 x 5% x ($81,400 - $8,140)
= $7,326
Therefore
The machine's second-year depreciation using the double-declining balance method is $7,326.
The answer is: Technology and planning integration
Technology and planning integration refers to the use of modern technology in order to achieve company's goals more efficiently.
Not only that, implementing technological assistance will lower the total cost made by the company in the long run.
