Which of the Following Statements Is False

question 42

Multiple Choice

Which of the following statements is false?

• A)A product's chemical characteristics have little to no influence on the way the product is handled.
• B)Some products can be exposed to freezing weather; others cannot.
• C)The various properties of goods must be made known to consumers to help them make the correct buying decision and properly care for the product.
• D)Perishable products require special packaging as they move from source to customer.

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Definitions:

Marginal Cost

The financial outlay involved in producing a supplementary unit of a good or service.

Crude Oil

A naturally occurring, unrefined petroleum product composed of hydrocarbon deposits and other organic materials, used as a primary energy source.

Industry Output

The total production of goods and services produced by a specific sector of the economy over a given period.

Marginal Cost

The cost incurred from producing one additional unit of a good or service.