Because They Are Intangible, Durable Goods Normally Require More Quality

question 56

True/False

Because they are intangible, durable goods normally require more quality control, supplier credibility, and adaptability than either services or nondurable goods.

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Definitions:

Market Price

The present cost at which a product or service is available for purchase or sale in a market.

Market Price

The current price at which an asset or service can be bought or sold in the marketplace.

Output

Refers to the total quantity of goods or services produced by an individual, company, or economy.