GK
BUSINESS ECONOMICS
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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What is a car an example of?
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A Cost
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A serviceA Service
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A Product/Good
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None of the above
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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
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