A Useful Way to Distinguish Between Goods and Services Is

question 41

Multiple Choice

A useful way to distinguish between goods and services is to place them on a continuum from ____________ to ____________.

• A)practical; impractical
• B)tangible-dominant; intangible-dominant
• C)low; high
• D)reliable; unreliable
• E)prepared; unprepared

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Definitions:

Dispatching

The process of sending goods or transporting them to an intended destination.

Work Release

A program that allows prisoners to work in the general community during the day while continuing to serve their sentence.

Descriptive Statistics

Statistical methods that summarize and organize data in an informative way, without drawing conclusions beyond the data itself.

Central Tendency

A statistical measure that identifies a single value as representative of an entire distribution of data, such as the mean, median, or mode.