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Read these lines: "Services are intangible offerings of businesses that can't be held, touched, or stored. Physicians, lawyers, hairstylists, car washes, and airlines all provide services." As it is used in the quoted lines, "intangible" most nearly means:
Apriced too high for most customers
Bproduced without any skilled labour
Chaving no physical form you can touch
Dimpossible to sell to other firms
Answer & Solution
Correct answer: C. having no physical form you can touch
1. The quoted lines follow the word intangible with its own explanation: offerings that cannot be held, touched, or stored.
2. So in these lines, intangible means without a physical form you can touch.
3. Price, skill, and whether something can be sold are never mentioned, so the other options come from outside the quoted lines.
_Source: OpenStax Introduction to Business (CC BY 4.0), Ch 1 "Understanding Economic Systems and Business", section 1.1 The Nature of Business_
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