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What distinguishes goods from services in economic terms?
2 months 2 weeks ago #2643
by mrtb
What distinguishes goods from services in economic terms? was created by mrtb
What distinguishes goods from services in economic terms?
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2 months 1 week ago #2662
by ahmedml
Replied by ahmedml on topic What distinguishes goods from services in economic terms?
Goods and services are two important types of purchases people make. A good is a tangible or physical product that someone will buy, tangible meaning something you can touch, and a service is when you pay for a skill. A service is something intangible, which can't be physically touched or stored.
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