Which of the following items are goods.
(a) Car
(b) Cell phone
(c) Transportation of passengers
(d) Mending of shoes
Answers
Answered by
3
Car and cellphone are goods
Answered by
4
Answer:
Car and Cell phone
Explanation:
Goods are physical products that offer utility to the buyer. So, car and cell phones are goods. Whereas, transportation of passengers and mending of shoes is not a physical product that you buy, they are actions. Therefore, transportation of passengers and mending of shoes fall into the category of services.
Another example: A car is a good but when you take it for maintenance check and repair, that is service.
Similar questions