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17 March, 00:57

Which of the following producers is a producer of services? (Select the best answer.)

a. Taylor sells car parts.

b. Jared runs a toy store.

c. Raul fixes cars.

d. Tina is a chef in a restaurant.

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Answers (1)
  1. 17 March, 01:14
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    The correct answer is option c.

    Explanation:

    Services are those products which are nonphysical and intangible and are used for deriving utility or satisfaction. These products have several distinct characteristics.

    It is intangible and nonphysical. It cannot be stored. It is consumed immediately as produced.

    Hospitality, medical services, insurance, etc are examples of services.

    Here, Raul is a producer of services as he fixes cars. His product is intangible and cannot be produced and stored. It is consumed immediately.
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Home » Business » Which of the following producers is a producer of services? (Select the best answer.) a. Taylor sells car parts. b. Jared runs a toy store. c. Raul fixes cars. d. Tina is a chef in a restaurant.
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