Goods and Services

Front

Which provides both goods and services?

Back

A post office

Front

Items that can be bought, sold, and traded, such as food and computers

Back

goods

Front

Tasks you pay someone to do for you

Back

services

Front

A toy is a service.

Back

False

Front

A good that lasts 3 years or more when used on a regular basis. (example: a car)

Back

Durable Good

Front

A tissue is an example of a...

Back

Nondurable good

Front

Which of the following could be considered both a durable good and consumer good?
Automobile, candy bar, dental floss, a loaf of bread

Back

Automobile

Front

_____ are goods produced and used to make other goods or services

Back

capital goods

Front

What does the term "Utility" mean in economics?

Back

Usefulness