On the goods-services continuum, a meal at a fine restaurant is considered a pure good, even when one considers that excellent service is part of what one values in the experience.

Question

Quizplus · Accepted Answer

A meal at a fine restaurant is considered closer to the services end of the goods-services continuum because the experience, including the service provided, is a significant part of the value to the customer.

On the Goods-Services Continuum, a Meal at a Fine Restaurant