Which of the following statements is not characteristic of a good?
A) Goods are tangible items that can be touched.
B) Goods can be produced and then stored to sell at some future time.
C) Goods are typically manufactured at the location where the customer makes the purchase.
D) Goods can be owned by the customer.
E) Goods are typically mass-produced.

Question

Quizplus · Accepted Answer

Goods are not necessarily manufactured at the location where the customer makes the purchase. They can be produced at a different location and then transported to the point of sale.

Which of the Following Statements Is Not Characteristic of a Good