A product is a good, service, or idea consisting of a bundle of tangible and intangible attributes that satisfy consumers' needs and is received in exchange
A) only for legal tender (money) .
B) for providing value.
C) only for barter.
D) for a person's time and effort.
E) for money or something else of value.
Correct Answer:
Verified
Q2: A nondurable good is defined as
A)an item
Q6: The division of products into durable and
Q6: Which of the following statements regarding goods
Q16: Product refers to
A)a tangible good received in
Q17: A good has tangible attributes that a
Q17: Items consumed in one or a few
Q19: Which of the following statements regarding goods
Q19: The late Steve Jobs orchestrated innovations that
Q20: Goods can be divided into _ goods
Q20: Which of the following is the best
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