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Product Refers to

Question 2

Multiple Choice

Product refers to


A) a tangible good received in exchange for a person's time and effort.
B) a tangible good received in exchange for providing value.
C) a good that has in some way been altered, combined, or improved and ultimately sold to a consumer.
D) good, service, or idea consisting of a bundle of tangible and intangible attributes that satisfies consumers and is received in exchange for legal tender (money) .
E) good, service, or idea consisting of a bundle of tangible and intangible attributes that satisfies consumers' needs and is received in exchange for money or something else of value.

Correct Answer:

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