Which of the following is a service?
A) Anything that is scarce and that satisfies unlimited human wants
B) A thing for which people pay money
C) An intangible activity that satisfies human wants
D) Any output produced by a service sector industry,such as fast food
E) Something less desirable than a good
Correct Answer:
Verified
Q27: If a business produces and sells only
Q31: The choices made by economic decision makers:
A)are
Q33: The payments in return for labor and
Q34: Natural resources:
A)include bodies of water,trees,oil reserves,and minerals.
B)are
Q35: Your best friend buys you lunch on
Q39: Which of the following is an example
Q40: An entrepreneur is:
A)an individual who has an
Q55: Unlike a "service, " a "good"
A)is desirable
B)uses
Q64: The assumption that individuals act rationally implies
Q141: In a circular-flow model, households supply all
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents