Which Is NOT True Regarding Differences Between Goods and Services

question 109

Multiple Choice

Which is NOT true regarding differences between goods and services?

• A) Tangible goods are generally produced and consumed simultaneously; services are not.
• B) Most goods are common to many customers; services are often unique to the final customer.
• C) Services tend to have a more inconsistent product definition than goods.
• D) Services tend to have higher customer interaction than goods.
• E) None, i.e., all of these are true.

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Definitions:

Contaminants

Any substance or agent that makes something impure or harmful, often found in the environment, food, or water.

CERCLA

Comprehensive Environmental Response, Compensation, and Liability Act; a federal law designed to clean up sites contaminated with hazardous substances.

Hazardous Waste

Waste material that can pose a threat to public health or the environment due to its toxic, corrosive, ignitable, or reactive properties.

Superfund

A program by the U.S. federal government aimed at financing the remediation of locations polluted with hazardous materials and substances.