S1 Business Enterprise Hwk 1

A good is..

• Something that is tangible

• Something that is done for you

A service is...

• Something that is tangible

• Something that is done for you

An example of a good is

• Hairdressers

• Xbox

• Dentist

• Firefighter

An example of a service is...

• Hairdressers

• Xbox

• Table

• Cheeseburger

A durable good is...

• A good that is long lasting

• A good that is used up quickly

An example of a durable good is...

• Mars bar

• Water

• Washing machine

• Petrol

A non durable good is

• A good that is used up quickly

• A good that is long lasting

An example of a non durable good is...

• Washing machine

• Car

• Dishwasher

• Chocolate bar

A good is something you can touch. The word we use for this is

A good that is long lasting is said to be a _______ good