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Which of the Following Is an Example of a Pure

question 29

Multiple Choice

Which of the following is an example of a pure tangible good?


Definitions:

Real Estate Brokers

Licensed professionals who arrange real estate transactions, putting buyers and sellers together and acting as their representatives in negotiations.

Phonebook

A printed listing of individuals' and organizations' telephone numbers, addresses, and sometimes additional information, grouped geographically.

Expense Ratios

Financial metrics that measure the efficiency of a fund by comparing the total expenses to the total assets under management.

Profits

The financial gain obtained when the revenue earned from business activities exceeds the expenses, costs, and taxes needed to sustain the activities.

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