Question: QUESTION ( i ) A firm producing a good is more likely to have which set of the following characteristics compared to a firm providing
QUESTION i
A firm producing a good is more likely to have which set of the following characteristics compared to a firm providing a service?
ANSWER
Objective quality standards, tangible product, and located away from customers
Objective quality standards, intangible product, and located near customers
Subjective quality standards, intangible product, and located away from customers
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