The Difference Between a Good and a Service Is That

question 156

Multiple Choice

The difference between a good and a service is that

• A)a good helps satisfy unlimited wants; a service does not
• B)a service helps satisfy unlimited wants; a good does not
• C)a services is available in unlimited quantities; a good is not
• D)a good is available in unlimited quantities; a service is not
• E)a good is tangible; a service is not

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Definitions:

Heuristics

Mental shortcuts or rules of thumb that allow individuals to make decisions quickly and efficiently, but sometimes at the cost of accuracy.

Group

A number of individuals or things considered together because of similarities or a common purpose.

Team

A group of people brought together to use their individual skills on a common project or goal.

Job Sharing

An employment option in which one full-time job is divided among two or more people according to predetermined hours