GENERAL KNOWLEDGE

GK

BUSINESS ECONOMICS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
A ____ is a physical object that can be purchased, such as food, clothing, and furniture. A ____ is work that one person performs for another for payment.
A
Service; Good
B
Good; Service
C
Consumer; Producer
D
Producer; Consumer
E
Cost; Benefit
Explanation: 

Detailed explanation-1: -goods. physical objects, such as food, clothing, and furniture, that can be purchased. services. work that one person does for payment. consumer.

Detailed explanation-2: -A good is a physical item that can be bought, touched, and used. A service is the action done for people who pay for the service. Create cards or a chart with the following words. With each word have students name it as a GOOD or SERVICE.

Detailed explanation-3: -Goods. Physical Objects that can be purchased such as food, clothing, and furniture. Consumer. A person who buys goods or services for personal use. Service. A work that one persons performs for another for payment. Producer. A person who makes goods or provides services. Wants. Needs. Economics. Scarcity. More items

There is 1 question to complete.