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What is the Classification of sundry debtor in balance sheet?

Sundry debtor is someone who has debt to be paid to goods sold. Goods sold could also be services rendered.


What are goods and services sold to foreigners called?

data


Difference between tangible goods versus marketing services?

Marketing services are services that are offered to market products. Tangible goods are actual, physical goods that are sold by businesses.


Why do consumers directly benefit from greater productivity?

Goods and services are produced faster and can be sold more cheaplyGoods and services are produced faster and can be sold more cheaply.It is easier to compare prices. Goods and services are produced faster and can be sold more cheaply.


Do input or factor markets consumers purchase products?

Consumers typically purchase products in output or goods markets, where finished goods and services are sold. Input or factor markets, on the other hand, involve the buying and selling of factors of production, such as labor, land, and capital, which businesses use to create goods and services. Therefore, consumers are not directly involved in purchasing in factor markets; their role is primarily in the output markets.


In a resource market goods and services are sold mainly to?

producers


What are goods and services produced outside of the country in which they are sold?

imports


What is known as imports and exports?

Imports are goods or services brought into a country from another. Exports are goods and services sold to other countries.


What happens to the price and the quantity of goods and services sold when a store runs a sale?

When a store runs a sale the price of goods is lowered. The quantity of goods and services sold might be higher than average. A store might make more money this way because a larger volume of goods is sold.


The means by which goods and services are bought and sold freely is known as a?

Market


The means by which goods and services are bought and sold freely is known as?

Market


What type of system did the early colonists use when they bought and sold goods and services?

medium of exchange and or bartering for goods