What distinguishes goods from services in the context of economic transactions?

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2 months 2 weeks ago #2597 by zain
What distinguishes goods from services in the context of economic transactions?

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2 months 2 weeks ago #2598 by ahmedml
Goods are tangible, can be owned, returned, and have their quality measured; services are not tangible, cannot be owned, returned, and cannot easily have their quality measured.

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