Economics (MindTap Course List)
Solutions
Economics (MindTap Course List)
Give two examples for each of the following: (a) an intangible good, (b) a tangible good, (c) a bad.
Examples for tangible, intangible, and bad goods.
Goods that have physical nature are called tangible goods, and it is possible to identify by the sense of touch. Some examples for tangible goods are cell phones, video tape, and so on. Goods that have no any physical nature are called intangible goods, and they cannot be identified by the sense of touch...
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