Quiz about good and services

Medical insurance falls under which category?

• Consumer good

• Intermediate good

• Capital good

• Service

What type of service does a taxi ride represent?

• Intangible service

• Consumer good

• Capital good

• Intermediate good

Which of the following is an example of a complementary good?

• Peanut butter and jelly

• Coffee and tea

• Apples and oranges

• Shoes and socks

When you visit a restaurant, what type of service are you receiving?

• Public service

• Personal service

• Business service

• Social service

Education is considered a:

• Private service

• Public service

• Intermediate good

• Luxury good

When you purchase a new car, what type of good is it?

• Consumer good

• Capital good

• Intermediate good

• Luxury good

Netflix subscription is an example of which type of service?

• Retail service

• Financial service

• Entertainment service

• Health service

Which of the following is a non-durable good?

• Refrigerator

• Milk

• Laptop

• Bicycle

Which of the following is an example of a durable good?

• Fresh vegetables

• A smartphone

• A haircut

• A movie ticket

Which of the following is a public good?

• Private tutoring

• National defense

• Hair salon service

• Car repair