Question

4.Services may also be called as..
A. Consumer good
B.Industrial good
C.Product
D. All of the above​

Answer 1

Option- (D)

All of the above

Answer 2

The correct answer is option (C.)

Explanation:

• Services may also be called as Product.
• A product is an object, or system, or service which is available for consumer use.
• A Consumer good also known as Final goods is a final product which is ready for the consumption by the consumer to satisfy current wants or needs, unlike intermediate goods which is utilized to produce other goods.
• Industrial goods are the raw materials which is used in the production of other goods.