Which of the following is true of goods?
A) They are intangible.
B) They must be consumed when they are produced.
C) They can have some aspect of quality measured objectively.
D) They require customers to be actively involved in their production.

Question

Quizplus · Accepted Answer

Goods can have some aspect of quality measured objectively, such as size, weight, and color. Option A is incorrect because goods are tangible, unlike services which are intangible. Option B is also incorrect because most goods can be stored for later consumption. Option D is incorrect because customers are not involved in the production of goods.

Which of the Following Is True of Goods