Author Question: Which of the following is a service? a. anything that is scarce and that satisfies unlimited human ... (Read 50 times)

anjilletteb · **on:** Jul 1, 2018

Which of the following is a service?
a. anything that is scarce and that satisfies unlimited human wants
b. a thing for which people pay money
c. an intangible activity that satisfies human wants
d. any output produced by a service-sector industry, such as fast food
e. something less desirable than a good

Question 2

The difference between a good and a service is that
a. a good helps satisfy unlimited wants; a service does not
b. a service helps satisfy unlimited wants; a good does not
c. a services is available in unlimited quantities; a good is not
d. a good is available in unlimited quantities; a service is not
e. a good is tangible; a service is not