Question

Which of the following is true of a service-based economy?

a. A service-based economy tends to the consumers demand for clothes cleaning, floor covering, illumination, entertainment, and so forth.

b. A service-based economy interprets consumer demand as a demand for washing machines, carpets, lights, consumer electronics, and so forth.

c. A service-based economy weakens the production efficiencies.

d. A service-based economy increases material and energy costs significantly.

Answer

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