ECONOMICS (CBSE/UGC NET)

ECONOMICS

CONSUMERS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
IS WORK THAT ONE PERSON DOES FOR ANOTHER
A
A SERVICE
B
GOODS
C
Either A or B
D
None of the above
Explanation: 

Detailed explanation-1: -A service is an act or use for which a consumer, firm, or government is willing to pay. Examples include work done by barbers, doctors, lawyers, mechanics, banks, insurance companies, and so on.

Detailed explanation-2: -A service provider is an individual or entity that provides services to another party. The provision of services between a service provider and a company is typically governed by a service agreement.

Detailed explanation-3: -Services. Work that one person performs for another for payment. Consumer. A person who buys goods or services for personal use.

Detailed explanation-4: -Services are diversified in three groups; Business services, social services and personal services. Business services are the services used by businesses to conduct their business activities. Social services are the services provided by NGO’s to pursue a certain set of social goals. More items

Detailed explanation-5: -English or Family Service. Here, the host contributes actively in the service. American or Plate Service. French Service. Gueridon Service. Silver Service. Russian Service. Buffet Service. Cafeteria Service. More items

There is 1 question to complete.