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Which of the Following Is an Example of an Intangible

question 240

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Which of the following is an example of an intangible product?


Definitions:

Profits

The financial gain obtained when the revenue earned from business activities exceeds the expenses, costs, and taxes needed to sustain the activity.

Jeweler

A person or business that designs, makes, sells, or repairs jewelry.

Clothing Store

A retail establishment that sells garments and apparel for men, women, and children.

Utility

Utility refers to the total satisfaction received from consuming a particular good or service.

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