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Salaries are paid to employees we consider in economic activities but if we purchased gift for our friend it is not consider as economic activities why?
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Salaries are paid to employees we consider in economic activities but ...
When we purchase a gift for our friend we are doing it only once & not on a regular basis with the motive of earning profit whereas economic activities are the ones undertaken on a daily basis with the aim of earning a livelihood.Hence you buying a gift for your friend won't be considered an economic activity.
I hope it's clear now
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Salaries are paid to employees we consider in economic activities but if we purchased gift for our friend it is not consider as economic activities why?
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Salaries are paid to employees we consider in economic activities but if we purchased gift for our friend it is not consider as economic activities why? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Salaries are paid to employees we consider in economic activities but if we purchased gift for our friend it is not consider as economic activities why? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Salaries are paid to employees we consider in economic activities but if we purchased gift for our friend it is not consider as economic activities why?.
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