Question

Getting a haircut from a barber is an example of a service that can be purchased. Please select the best answer from the choices provided. True or false?

Answer 1

The correct answer is True

Explanation:

In the economy, a service refers to a benefit consumers obtain due to the skills, experience or abilities of the seller. A service differs from a product because the customer does not obtain a good. Examples of services include education, car-repair services or haircuts. Additionally, most services are purchased as you pay for them; although some such as education are covered by the government.

According to this, it is true, getting a haircut from a barber is an example of a service that can be purchased because the customer obtains a benefit (the haircut) rather than a good and needs to pay for it as this involves the skills and knowledge of the barber.

Answer 2

Answer:

True.

Explanation:

Getting a haircut is a service and you are purchasing this service of getting you hair styled and cut. So, I believe the answer would be true.