Items such as cars, baseballs, and clothing are called:
A) commodities
B) goods
C) services
D) experiences
E) None the above

Question

Quizplus · Accepted Answer

Goods refer to physical items that are tangible and can be bought or sold, such as cars, baseballs, and clothing. Commodity refers to a raw material or primary agricultural product that can be bought and sold, such as oil, gold, or wheat. Services refer to intangible activities that are performed for a consumer, such as haircuts, car repairs, or legal advice. Experiences refer to the emotional or psychological responses a consumer has to a company, such as customer service or marketing.

Items Such as Cars, Baseballs, and Clothing Are Called