The supply of services is not part of the study of economies because it does not involve the exchange of goods.

Name: The supply of services is not part of the study of economies because it does not involve the exchange of goods.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

This statement is incorrect. The supply of services is indeed a part of the study of economies, as services represent an important sector of many modern economies. Services may not involve physical goods, but they are still exchanged and have value in the marketplace.

The Supply of Services Is Not Part of the Study