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Which of the following statements regarding goods is most accurate?

1. In order to be classified as a good, an item must appeal to all five senses.

2. Music is not considered a good because it only involves a single sense---hearing Some goods also have intangible attributes.

3. To market a good that contains visual attributes, you cannot use an auditory medium.

4. The aroma of chocolate chip cookies is considered an idea because it affects one's senses.

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M91873404

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