Which of the following producers is a producer of services? A. Raul fixes cars. B. Taylor sells car parts. C. Jared runs a toy store. D. Tina is a chef in a restaurant.
A) Raul fixes cars. The other businesspeople offer a product. Taylor provides car parts, Jared provides toys, and Tina provides food. Raul offers a service, he does not provide you with any good, he provides a service to a good you already own.