Question

categories following into physical transferability and notional transferability:- land, factory, building, vehicle.​

Answer 1

Explanation:

In economics, goods are items that satisfy human wants[1] and provide utility, for example, to a consumer making a purchase of a satisfying product. A common distinction is made between goods which are transferable, and services, which are not transferable.

A good is an "economic good" if it is useful to people but scarce in relation to its demand so that human effort is required to obtain it.In contrast, free goods, such as air, are naturally in abundant supply and need no conscious effort to obtain them. Private goods are things owned by people, such as televisions, living room furniture, wallets, cellular telephones, almost anything owned or used on a daily basis that is not food-related.