What Is the Major Difference Between a Good and a Service

question 37

Multiple Choice

What is the major difference between a good and a service?  

• A) A good is tangible, but a service is NOT. 
• B) A service helps satisfy unlimited wants, but a good does NOT. 
• C) A service is available in unlimited quantities, but a good is NOT. 
• D) A good is available in unlimited quantities, but a service is NOT.

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Definitions:

Overrepresented

The disproportionate representation of a particular group in a category or field compared to their prevalence in the general population.

Indigenous Persons

Individuals who are the original inhabitants of a region, having distinct cultural, social, and historical ties to the land prior to colonization or annexation.

Crime of Necessity

A legal defense theory where the defendant argues that they committed a crime out of an unavoidable need to prevent a greater harm.

Shoplifts

The act of stealing merchandise from a retail establishment by hiding the item on oneself or in personal belongings.