Question

Which economic term is used to describe someting tangible (you can hold it and

touch it)? *

A.need

B.want

C.good

service

trade-off

Answer 1

C.good

Step-by-step explanation:

A business can offer either goods or services. Goods are tangible products that can be touched, seen, smelled, eaten, etc., depending on the product, e.g. Coke, chocolate, cars, etc. Services are intangible, meaning that they cannot be seen or touched, they are experienced, e.g. going ot the movies, staying at a hotel, etc.