In general, differences between goods and services are determined by the
A) degree of labor intensiveness.
B) type of target market.
C) degree of tangibility.
D) type of provider.
E) degree of consumer contact.

Question

Quizplus · Accepted Answer

The degree of tangibility is the main factor that distinguishes goods from services. Goods are tangible physical products, while services are intangible and can't be touched or held. The other options might affect the characteristics of goods and services, but they don't determine the fundamental difference between them.

In General, Differences Between Goods and Services Are Determined by the