Identify a similarity between goods and services.
A)Both are equally labor-intensive.
B)Both produce uniform outputs.
C)Both undergo a transformation process.
D)Both are equally tangible.
E)Both have equal control over the variability of their inputs.

Question

Quizplus · Accepted Answer

Both goods and services undergo a transformation process where inputs (such as raw materials or knowledge) are transformed into outputs (finished products or delivered services).

Identify a Similarity Between Goods and Services