The Difference Between a Good and a Service Is That

question 156

Multiple Choice

The difference between a good and a service is that

• A)a good helps satisfy unlimited wants; a service does not
• B)a service helps satisfy unlimited wants; a good does not
• C)a services is available in unlimited quantities; a good is not
• D)a good is available in unlimited quantities; a service is not
• E)a good is tangible; a service is not

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Definitions:

Context

The circumstances, background, or settings that surround and give meaning to an event, idea, or statement.

Behavior

The actions or reactions of an individual or system in response to external or internal stimuli.

Correlational Research

A research design that measures relationships among participants’ measured characteristics, behaviors, and development.

Longitudinal

An approach to research that involves repeated observations of the same variables over short or long periods of time to detect changes.