I

Explain terms Good and

examples in each case.

Service

and

give 3

Goods are items that buyers can purchase where as services are amenities or advantages customers pay to receive in form of activities done on their cost. Goods can be apples, cars, airtime where as services include banking services, communication services e. t. c

Explanation:

A good are tangible items that customers purchase at a fee and have a transferable ownership. A buyer can return a good if it is a default. A service is an activity that a customer receives from another person who offers it at a cost. Services are intangible and cannot be returned back when offered. A service can include a postal service.