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Economics Vocabulary Handout Review 12/7/15 Flashcards | StudBud
Economics Vocabulary Handout Review 12/7/15
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2. What is the difference between a good and a service?
A
A good can only be sold and a service can only be bought.
B
Companies make goods, people provide services.
C
A service is work performed, a good is tangible merchandise.
D
A good is work performed, a service is tangible merchandise.
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