What Do a Dry Cleaning Service, an Automated Car Wash

question 176

Multiple Choice

What do a dry cleaning service, an automated car wash, and a taxi service have in common?

• A)They are all tangible services.
• B)They are all people-based services.
• C)None of them has problems with idle production capacity.
• D)They never use off-peak pricing.
• E)They are all equipment-based services.

---

Definitions:

Domestic Manufacturing

The production of goods within a country's borders, focusing on local industries and labor forces rather than outsourcing.

Currency Valuation

The process of determining the value of one currency in terms of another, often influenced by market conditions, economic indicators, and governmental policies.

Textile-Producing

Involved in the manufacture of cloth or fabric materials, typically involving the spinning, weaving, or knitting of fibers.

Foreign Exchange

The exchange of one currency for another or the conversion of one currency into another currency.