Author Question: Which is the best example of an intangible good? A) the car you dream of owning but cannot afford ... (Read 75 times)

acc299 · **on:** Jun 29, 2018

Which is the best example of an intangible good?

A) the car you dream of owning but cannot afford
B) the suit you hope will make a good impression when you go on job interviews
C) the textbook study guide you hope will prepare you to perform well on examinations
D) the advice and expertise provided by the music store clerk who sold you that CD

Question 2

Because resources are scarce relative to wants, the study of economics concerns

A) how money is important to people.
B) how individuals, businesses, and governments make choices.
C) how money is used to buy what people want.
D) None of the above are correct.