ECONOMICS (CBSE/UGC NET)

ECONOMICS

SCARCITY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What word means an actual item can be touched?
A
good
B
service
C
Either A or B
D
None of the above
Explanation: 

Detailed explanation-1: -: perceptible by touch : tangible. : of, relating to, or being the sense of touch. tactilely. ˈtak-tə-lē

Detailed explanation-2: -Definition of touchable. as in tangible. capable of being perceived by the sense of touch not very comfortable with abstractions, I usually relate better to touchable things.

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