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a2.02
goods and services
| Term | Definition |
|---|---|
| consumer goods and services | consume |
| consumers | people |
| convenience products | quickly |
| economic goods | objects |
| economic services | acts |
| economic want | a desire |
| equipment | operation |
| goods | tangible |
| impulse item | on-the-spot |
| industrial goods and services | resale |
| installations | machens |
| market research | market data |
| mats | part |
| noneconomic want | no spending |
| parts | not finished |
| producers | make goods |
| product | a goods |
| raw mats | natural state |
| scarce | limited |
| services | intangible |
| shopping products | compare |
| specialty products | special |
| staple item | keep on hand |
| supplies | mats |
| tangible | physical |
| ultimate consumer | anyone |
| unsought products | necessity |
| want | not required |