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A Product Is a Good, Service, or Idea Consisting of a Bundle

Question 330

Multiple Choice

A product is a good, service, or idea consisting of a bundle of tangible and intangible attributes that satisfies consumers' needs and is


A) received in exchange for legal tender (money) .
B) received in exchange for money or something else of value.
C) provides the seller with a tangible profit.
D) a tangible good received in exchange for a person's time and effort.
E) a tangible good received in exchange for providing value.

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