Which of the following is correct?

Social Studies

1 answer:

AysviL [449]4 years ago

8 0

The correct answer is D. Food and clothing are consumable-product goals.

Explanation:

In the economy and related fields, product goals refer to products or services that act as a vision to be achieved by a business or purchased by consumers. Besides this, consumable-product goals are those that are rapidly consumed and due to this, they need frequently acquired. This is the opposite of durable-product goals that require less frequently purchased as they last more and are expensive. Moreover, these product goals can be tangible if they can be touched, for example, food or clothes or intangible if these cannot be touched, for example, education.

According to this, the only statement that is completely correct is "Food and clothing are consumable-product goals" because food and clothing are both rapidly consumed and these need to be purchased more often than durable-products such as furniture or cars, and therefore these are correctly classified as consumable-product goals.

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