What is the quantity demanded?

In terms of economía, the concept of quantity demanded is used to refer to the set of units of the same product, good or service whose value and price is accepted by a consumer when it is acquired. In other words, the quantity demanded is that economic percentage for which a consumer is willing to … Read more

What is a quality control?

The meaning of quality control is the process that is developed with the aim of detecting possible failures or errors in a process or element. This procedure is very common in the field of companies to ensure that the products and services they provide to customers meet a number of parameters. What is quality control? … Read more

What is a quality seal?

Quality seals are hallmarks that demonstrate the quality of a service or product, becoming very useful tools for the user, who can thus entrust their purchase to a good product. Behind a quality seal there is the endorsement of an official authority. This body will establish the conditions that the service or product must have … Read more

What is near-money?

Quasi-money is a type of financial asset similar to normal money, but with the main characteristic that it has a lower liquidity That this. Normally, it represents in certain periods of time and the money can be transformed since it can be easily redeemed in cash. The main purpose of quasi-money is that with ease … Read more

What is quotation?

The concept quotation, from the Latin term quotus, which means 'how much', refers to the fact of setting a price, pay a fee or estimate something. This word is used to refer to the documentation that indicates the real value of a service or a good. It can also be defined as the price at … Read more