What is the difference between a good and a service

Asked by admin @ 10/11/2021 in History viewed by 335 People

Explain the difference between a good and a service.

Answered by admin @ 10/11/2021

Answer:

goods are a physical object while a service is something someone is providing.

Explanation:

a good would be food, clothes, anything you can but and own,

a service would be car repair, house cleaners, anything someone is doing for you

Which is not true regarding differences between goods and services

Asked by admin @ 02/10/2021 in Business viewed by 290 persons

Which is NOT true regarding differences between goods and services? A. Services tend to have higher customer interaction than goods. B. Most goods are common to many customers; services are …

The demand for a good or service is determined by

Asked by admin @ 07/11/2021 in Business viewed by 282 persons

Demand for one good or service that is determined by demand for another good or service is _____. unskilled labor derived demand equilibrium wage labor union

How do we count the various goods and services

Asked by admin @ 23/08/2021 in Social Sciences viewed by 299 persons

How do we count the various goods an services for calculating GDP?

Goods and services are sold directly to consumers in a

Asked by maham237 @ 25/07/2021 in History viewed by 294 persons

a. stock exchange b. marketplace c. factory d. commerce post

How is the value of a good or service determined

Asked by maham237 @ 23/06/2021 in Business viewed by 372 persons

Describe the major differences between a person with good wellness

Asked by maham237 @ 29/05/2021 in Health viewed by 296 persons

and one heading toward premature death

Buying and selling of goods and services is called

Asked by admin @ 20/08/2021 in English viewed by 458 persons

Buying and selling of goods and services is called

The exchange of goods and services is known as

Asked by admin @ 11/08/2021 in Economy viewed by 373 persons

The exchange of goods and services known as

Money cannot buy all the goods and services explain

Asked by admin @ 11/08/2021 in Social Sciences viewed by 351 persons

"money cannot buy all the goods and services that one need to live well" explain?

The buying and selling of goods and services is called

Asked by admin @ 02/08/2021 in English viewed by 366 persons

Buying and selling of goods and services is called

Assets created by selling goods and services on credit are

Asked by admin @ 02/08/2021 in Accountancy viewed by 480 persons

Assets created by selling goods and services on credit are

Economics is the study of producing and goods and services

Asked by admin @ 02/08/2021 in Business Studies viewed by 275 persons

Economics is the study of producing and goods and services.

Which factors are considered when deciding how to make goods and services? check all that apply.

Asked by wiki @ 29/10/2020 in History viewed by 427 persons

Which factors are considered when deciding how to make goods and services? Check all that apply. determining who has the greatest need finances of prospective buyers methods traditionally used to …

Nominal gdp measures the value of all goods and services

Asked by admin @ 30/10/2021 in Business viewed by 285 persons

Real GDP measures A. the value of final goods and services produced within the borders of a country, B. corrected for price changes. C.total dollar value of all goods and …

What does market value of a good or service mean

Asked by maham237 @ 12/07/2021 in Business viewed by 301 persons

A.)loss incurred on a good or service B.)profit incurred on a good or service C.)cost of producing a good or service D.)current price of a good or service