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Figure 1-4
-Refer to Figure 1-4.Which of the following statements is true?
Goods And Services
Physical items that satisfy human wants and provide benefits, and intangible activities or benefits that are exchanged between parties.
Willingness And Ability
The readiness and capacity of an individual or group to engage in a particular activity or transaction.
Consumers
Consumers are individuals or entities that purchase goods and services for personal use and not for manufacture or resale.
Distribution
The process of making a product or service available for the consumer or business user that needs it, which can include warehousing, transportation, and logistics.
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