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Which Is NOT True Regarding Differences Between Goods and Services

Question 63

Multiple Choice

Which is NOT true regarding differences between goods and services?


A) Services are generally produced and consumed simultaneously; tangible goods are not.
B) Services tend to be more knowledge-based than goods.
C) Services tend to have a more inconsistent product definition than goods.
D) Goods tend to have higher customer interaction than services.
E) Reselling is unusual in services; goods often have some residual value.

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