Which Is NOT True Regarding Differences Between Goods and Services

question 98

Multiple Choice

Which is NOT true regarding differences between goods and services?

• A) Services are generally produced and consumed simultaneously; tangible goods are not.
• B) Services tend to be more knowledge-based than goods.
• C) Services tend to have a more inconsistent product definition than goods.
• D) Goods tend to have higher customer interaction than services.
• E) Reselling is unusual in services; goods often have some residual value.

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Definitions:

Hallucinogen-Induced

Pertaining to conditions or symptoms triggered by the use of substances that cause hallucinations.

Psychotic Disorder

A mental health condition characterized by an impaired relationship with reality, including symptoms such as hallucinations and delusions.

Delusions

False beliefs held with strong conviction despite superior evidence to the contrary, often found in psychiatric conditions.

Obsessive-Compulsive Disorder

A chronic disorder where a person has uncontrollable, reoccurring thoughts (obsessions) and behaviors (compulsions) they feel compelled to repeat.