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1. Which is an example of a good?
A. Candy bar          
B. Hair cut        
C. Dental visit              
D. Having the car oil changed                      

2. Which is an example of a service?
A. Candy bar           
B. Having your hair cut                  
C. Hamburgers         
D. Computers

3. A good is something you buy and consume. Tell which is a good.
A. You buy cookies from Mrs. Jenny in the cafeteria.              
C. You hire someone to braid your hair.
B. Mrs. Priester asks you to wash the tables.
D. You ask a friend to shampoo your living carpet.

4. When someone sales a good or provides a service they _____________ money.
A. Earn         
B. Spend            
C. Consume  
D. Produce

5 Work done for people is a ____________.
A. Service    
B. Good    
C. Consumer 
D. Produce​

Sagot :

Answer:

1.A. Candy bar

2.B. Having your hair cut

3.A. You buy cookies from Mrs. Jenny in the cafeteria

4.A. Earn

5.A. Service

Explanation:

Candy bar is an example of a good because it's a tangible item that you can buy and consume.

Having your hair cut is an example of a service because it's an intangible action performed for you.

You buy cookies from Mrs. Jenny in the cafeteria is a good because it involves purchasing a tangible item.

When someone sells a good or provides a service, they earn money as compensation for their work.

Work done for people is a service, which refers to the intangible assistance provided to someone.

  1. A. Candy bar
  2. B. Having your haircut
  3. A. You buy cookies from Mrs. Jenny in the cafeteria.      
  4. A. Earn
  5. A. Service