The difference between a good and a service is that
A) a good helps satisfy unlimited wants; a service does not
B) a service helps satisfy unlimited wants; a good does not
C) a services is available in unlimited quantities; a good is not
D) a good is available in unlimited quantities; a service is not
E) a good is tangible; a service is not
Correct Answer:
Verified
Q42: The expression "There's no such thing as
Q43: The assumption of rational self-interest does not
Q44: A product that is physical and tangible
Q45: A good or service is considered scarce
Q46: Goods and services are exchanged in
A)product markets
B)resource
Q48: A market
A)is often a physical place
B)facilitates exchanges
Q49: The labor market is an example of
Q50: Goods and services are scarce because
A)people are
Q51: Which of the four types of decision
Q52: Which of the following is a service?
A)a
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