As a marketing term, generally includes not only physical goods, but also services and ideas. Multiple Choice marketing invention merchandise product concept

product

Explanation:

The product is an item that the company offer to its customer for buying the product. It is not only the goods that to be kept physically but it also consist of the services and ideas so that it become differentiate with the competitor. The product can be differentiate in terms of cost, quality, quantity, presentable form via having the innovative ideas

So, the 2nd last option is correct

i would say iii (3) because in order to compare a price you have to use as a reference other near stores because it's its

hope i explained myself