The group of products on the basis of tangibility and durability include ___________?
Correct answer: D. all of the above
- A. durable goods
- B. non-durable goods
- C. services
- D. all of the above
Explanation
On the basis of tangibility and durability, products are classified as durable goods, nondurable goods and services. Services are intangible, while goods are tangible and differ in how long they last.
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