Which of the Following Is a Characteristic of Perishability

question 3

Multiple Choice

Which of the following is a characteristic of perishability?

• A)Consumption cannot be stored for future use
• B)There is a need to match supply and demand
• C)A service cannot be stored and sold later
• D)All of the above are characteristics of perishability

---

Definitions:

Quantity of Land

The total amount or extent of land available for agricultural production, real estate, or other uses.

Factor of Production

An input used in the production of goods or services, such as land, labor, capital, and entrepreneurship.

Earnings

Earnings refer to the amount of money that an individual or business makes before any deductions are taken.

Restaurants' Demand

The total desire or willingness to purchase meals and services offered by restaurants at various price points.