The Difference Between a Good and a Service Is That

question 89

Multiple Choice

The difference between a good and a service is that:

• A)a good helps satisfy unlimited wants,but a service does not.
• B)a service helps satisfy unlimited wants,but a good does not.
• C)a service is available in unlimited quantities,but a good is not.
• D)a good is available in unlimited quantities,but a service is not.
• E)a good is tangible,but a service is not.

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Definitions:

Mood Congruency

The phenomenon where an individual's current mood influences their thoughts, behaviors, and perceptions in a way that is consistent with the mood.

Example

An instance or situation that is representative of a group or set of things, often used to illustrate a point or explain a concept.

Experiential Purchases

Buying activities or experiences rather than physical goods, aiming for emotional satisfaction or memories.

Material Goods

Physical items produced for sale or use, often considered in the context of personal possessions or wealth.