Which of the Following Is the Most Basic and Obvious

question 53

Multiple Choice

Which of the following is the most basic and obvious difference between goods and services?

• A) Perishability
• B) Intangibility
• C) Separability
• D) Palpability

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Definitions:

Positive Experience

Any event, situation, or interaction that results in a beneficial impact on an individual's feelings, perceptions, or life situation.

Compensation

The act of providing something, typically money, in recognition of loss, suffering, or injury incurred; or in a business context, the total of all rewards provided to employees in return for their services.

Self-Preservation

The instinct or behavior aimed at ensuring one's own safety and well-being, especially in response to threats.

Academic Perseverance

The sustained effort and persistence in pursuing and achieving educational goals despite challenges and obstacles.