Economists look at any situation in terms of its component parts: the people making decisions, the environment in which they're making those decisions, and the goods or services being exchanged. For example, think about a wedding celebration. Which of the following wedding-related items are services? Check all that apply. Having a wedding gown altered The food at the reception Flowers for a wedding reception Getting your hair done for a wedding

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Answer:

Having a wedding gown altered

Getting your hair done for a wedding

Explanation:

A service is rendered when there is no exchange of physical goods between the buyer and seller

When a wedding gown is altered and when my hair is done, there is no exchange of a physical good