Examlex

Solved

Because Services Tend to Be ________ Rather Than an Object

question 190

Multiple Choice

Because services tend to be ________ rather than an object, they are much more difficult for consumers to evaluate.


Definitions:

Total Spending

The sum of money spent by consumers or a specific sector of the economy in a given time period.

Price

The sum of money needed to buy a product, service, or property.

Total Revenue

The total amount of money generated by a business from the sale of goods or services before any expenses are deducted.

Graph

A visual representation of data, relationships, or functions, often using lines, bars, or points to simplify and convey complex information.

Related Questions