Services are simultaneously produced and consumed. This is different from goods because goods can be .

Name: Services are simultaneously produced and consumed. This is different from goods because goods can be .
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Services cannot be inventoried like goods because they are intangible and produced and consumed in real-time. Goods, on the other hand, can be produced and kept in inventory until they are sold, making them less perishable and more elastic than services.

Services Are Simultaneously Produced and Consumed