[Solved] Which is not true regarding differences between goods and services?

McqMate

Q.	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 have a more inconsistent product definition than goods.
C.	Goods tend to have higher customer interaction than services.
D.	None of the above are true.
Answer» C. Goods tend to have higher customer interaction than services.

3.7k

0

Do you find this helpful?

37

View all MCQs in

Fundamentals of Economics and Management

Discussion

QR

Qadim Rana
1 year ago

Good for test preparation.

1

Related MCQs

Typical differences between goods and services do not include
Goods or services that are not necessary for living are
Which of the following function does money serve when used to measure the prices of different goods and services?
Which of the following function does money serve when used to purchase or sell different goods and services?
National income is the ……………. Of all the goods and services produced by a country during a period of year
……………… is an index of price change for goods and services included in GDP
Goods or services that are necessary for living are
A goods can be considered inferior goods in economics if increase in disposal income of the consumer causes
A goods can be considered a normal goods in economics if increase in disposal income of the consumer causes
Which of the following is/are advantage(s) of a functional structure? I. Permits growth and diversity of products and services. II. Power and prestige. III. Clarity about career paths. IV. Furnishes measurable training ground for general managers.