In general, differences between goods and services are determined by their:

Question

Quizplus · Accepted Answer

The degree of tangibility refers to how easily the product can be touched, seen and felt. Goods are relatively tangible as they can be physically touched, while services are intangible as they cannot be physically touched but rather are experienced. Therefore, the degree of tangibility is the main factor that determines the difference between goods and services.

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