CUET Preparation Today
| Which type of economic activity is intangible, cannot be stored and does not result in ownership? |
Business Service Manufacturing Trading |
| Service |
| An intangible commodity a type of economic activity that is intangible is not stored and does not result in ownership. A service is consumed at the point of sale. Services are one of the two key components of economics, the other being goods. Examples of services include the transfer of goods, such as the postal service–delivering mail, and the use of expertise or experience, such as a person visiting a doctor. |
