Home » Vocabulary » Service (economics)

Service (economics)

In economics, a service is an intangible commodity. More specifically, services are an intangible equivalent of economic goods. Service provision is often an economic activity where the buyer does not generally, except by exclusive contract, obtain exclusive ownership of the thing purchased. The benefits of such a service, if priced, are held to be self-evident in the buyer’s willingness to pay for it.

Hot News

multinational companies list 10 wealthiest person in the world list of richest people on earth women leaders in the world examples of mncs richest person in da world major multinational corporations wealthy person in the world worlds wealthiest men top economists of india worlds most famous women nobel prize economics wiki major multinational corporations top 100 famous theo lacy mailing address economist of the world top economists of india krugman op ed top 5 multinational corporations list of top 100 richest men in the world top 100 richest men in the world world's wealthiest men list of top 100 famous people nouriel roubini nobel prize top 5 economists in the world most powerful business woman dambisa moyo husband rich person in world most famous lady in the world www whitman ma gov top 10 women in business top 100 s list of worlds richest person american multinational corporations

WELCOME TO spray-fito

Executive C-Suite Team of spray-fito


  • 1,990,558 all-time users

WHAT IS spray-fito?

As Seen On Forbes