GK
BUSINESS ECONOMICS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Anything that can be bought and sold.
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Factors of Production
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Customer
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Product
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None of the above
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Explanation:
Detailed explanation-1: -A product is any item or service you sell to serve a customer’s need or want. They can be physical or virtual. Physical products include durable goods (like cars, furniture, and computers) and nondurable goods (like food and beverages).
Detailed explanation-2: -Definition: A product is the item offered for sale. A product can be a service or an item. It can be physical or in virtual or cyber form. Every product is made at a cost and each is sold at a price.
Detailed explanation-3: -Shapewear. Travel accessories. Healthy and beauty products. Smart watches. Health Care. Skin Care. Hobbies and Craft. Lamps and Shades. More items •16-Feb-2023
There is 1 question to complete.