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A Standardized Good or Service Is One

Question 19

Multiple Choice

A standardized good or service is one:


A) for which any two units of it have the same features and are interchangeable.
B) for which any two units of it have similar features that could be considered close substitutes.
C) for which any two units of it have different, unique features.
D) that has very distinguishable characteristics, with each unit being economically unique.

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