Products Can Be Goods, Services, or Ideas

question 78

True/False

Products can be goods, services, or ideas.

---

Definitions:

Ratio

The quantitative relation between two amounts, showing the number of times one value contains or is contained within the other.

Equivalent Ratio

A ratio that has the same value when compared to another ratio, despite possibly having different terms.

Ratio

A relationship between two quantities expressed as the quotient of one divided by the other.

Equivalent Ratio

A way to express the same relationship or proportion between two quantities, although the numbers involved may differ.