GENERAL KNOWLEDGE

GK

BUSINESS ECONOMICS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What is a car an example of?
A
A Cost
B
A serviceA Service
C
A Product/Good
D
None of the above
Explanation: 

Detailed explanation-1: -Physical products include durable goods (like cars, furniture, and computers) and nondurable goods (like food and beverages).

Detailed explanation-2: -Products that are bought by the end user are called consumer products. They include electric razors, sandwiches, cars, stereos, magazines, and houses.

Detailed explanation-3: -Shopping Goods Shopping goods are commodities consumers typically spend more time researching and comparing before purchase. They can range from affordable items, like clothes and home decor, to higher-end goods like cars and houses.

Detailed explanation-4: -Computers. Books. Notepads. Laptop bags. Water bottles. Cars. Jackets. Cell phones. More items •01-Mar-2021

There is 1 question to complete.