____________ is the process through which human wants are satisfied.
Distribution
Production
Consumption
Profit
Manufacture of goods by produces for the market is
The act of making goods and services is called
One who buys goods to satisfy his own or other persons needs is called
Producer
Consumer
Seller
Investor
The ___________ is the one who consumes the goods and services produced.
Distributor
____________ is summarised by calculating various numerical indices such as mean, variance and standard deviation.
Data
Information
Policy
Division of the national income into wages, profits, rent and interest is
Demand
_____________ is a person or organization that produce goods or services for sale.
Who is the provider of goods or services?