A Good,service,or Idea Consisting of a Bundle of Tangible and Intangible

question 187

Multiple Choice

A good,service,or idea consisting of a bundle of tangible and intangible attributes that satisfies consumers' needs and is received in exchange for money or something else of value is referred to as

• A)a utility bundle.
• B)a product.
• C)a service.
• D)an idea.
• E)merchandise.

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Definitions:

Unconscious Thought Theory

A theory suggesting that complex decisions can be better handled by the unconscious mind.

Consciousness

The state of being aware of and able to think about one's surroundings, sensations, and thoughts.

Pros And Cons

The advantages and disadvantages of a particular decision or course of action, considered in order to make an informed decision.

NREM Sleep

Non-Rapid Eye Movement Sleep, a restorative sleep phase that includes stages 1-3, characterized by slow brain waves and physical relaxation.