How does a good differ from a service?
A) A good is desirable whereas services are NOT.
B) A good uses resources to satisfy wants.
C) A good is physical and tangible.
D) A good is abundant and free.

Question

How does a good differ from a service?  
A) A good is desirable whereas services are NOT. 
B) A good uses resources to satisfy wants. 
C) A good is physical and tangible. 
D) A good is abundant and free.

Quizplus · Accepted Answer

Goods are physical and tangible items, while services are intangible activities or benefits that are provided to consumers.

How Does a Good Differ from a Service