Question

A product is called a good if _______.

a. its price is below the market standards
b. it is predominantly tangible
c. it has been standardized
d. it is sold directly to the end consumers
e. its price is above the market standards

Answer 1

Answer:

B. it is predominantly tangible

Explanation:

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Answer 2

A product is called a good if it is predominantly tangible.

The product can't be known as goods in the following situations:

• When the price is below the market price.
• It should be standardized.
• It is directly sold to the end consumers.
• It price above the market standards.

Therefore we can conclude that A product is called a good if it is predominantly tangible.

Learn more: brainly.com/question/17429689