Equipment-Based Services, Such as ATMs, Online Brokerage Firms, and Automated

question 7

Multiple Choice

Equipment-based services, such as ATMs, online brokerage firms, and automated car washes, do not have the marketing concern of

• A) inconsistency.
• B) intangibility.
• C) inseparability.
• D) inventory.
• E) independence.

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Definitions:

Clothing

Items worn on the body, typically made from fabrics or textiles, for practicality or fashion.

Economic Model

A simplified representation of economic processes used to predict economic behaviors.

Productive

Being productive pertains to the capacity or efficiency of producing a considerable amount or result, typically in the context of economic goods and services.

Benefit From Trade

The advantage gained by countries, firms, or individuals from engaging in exchange, usually resulting in access to a wider variety of goods or services at lower costs.