Answer with Explanation:
I believe the question is related to Economics.
A "good" refers to a physical item or a material thing that is being sold to customers for a particular price. This is tangible in nature.
Examples:
A "service" refers to skills, facilities, amenities, talents, and other intangible things than can be provided to customers for a particular price.
Examples:
- A customer being transported to his desired place or destination.
- A pianist playing his piece at a musical concert.
- A hairdresser fixing the customer's hair.
So, this explains the answer.
