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Question
Assertion (A): A product can be touched, seen, and physically possessed.
Reasoning (R): Tangibility is a key characteristic of a product.
Options
A is true but R is false.
A is false but R is true.
Both A and R are true and R explains A.
Both A and R are true but R does not explain A.
MCQ
Assertion and Reasoning
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Solution
Both A and R are true and R explains A.
Explanation:
The assertion is true since physical goods have material form and can be examined, touched, and held by consumers. This reasoning is true since tangibility is the exact structural property that distinguishes a physical product from an intangible service, thereby directly supporting why a product may be physically seen and possessed.
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