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Q.

Goods are [[1]] in nature i.e. they can be seen and touched.

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Detailed Solution

Goods are usually (but not always) tangible items such as pens, salt, apples, and hats. Services are activities performed by others for different jobs. For example, you need a barber to cut your hair, a doctor to cure us, a tailor to sew your clothes, a shoe store to repair your shoes, and so on.

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Goods are [[1]] in nature i.e. they can be seen and touched.