Intangible Items

question 18

Multiple Choice

Intangible items

• A)cannot be sold.
• B)can be seen.
• C)cannot be touched.
• D)all of these choices.

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Definitions:

Economic Efficiency

A condition where resources are allocated in a way that maximizes the net benefit to society.

Runs Out

A situation where a supply or quantity of something is completely used up or exhausted.

Next Century

A future period of 100 years, used to forecast or plan long-term visions or developments.

Economic Viability

The ability of an entity or activity to sustain itself financially over the long term.