Which of the Following Is Not a Characteristic That Distinguishes

question 74

Multiple Choice

Which of the following is not a characteristic that distinguishes services from goods?

• A) Service jobs are unskilled.
• B) A service is intangible.
• C) Services are perishable.
• D) Services are heterogeneous.
• E) None of these choices are correct

---

Definitions:

Efficiently

The manner in which resources are utilized in the most optimal way to produce goods or services without waste.

Comparative Advantage

An entity's capability to offer a product or service at a reduced opportunity cost than competitors.

Vintner

is a person engaged in winemaking, especially one who is responsible for the production of wine at a vineyard or winery.

Opportunity Cost

The expense incurred by not selecting the second-best choice during a decision-making process or when evaluating different alternatives.