what is deffination of goods?
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Goods can be anything from merchandise, supplies, raw materials to already completed products.
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Goods are tangible things that are produced, bought or sold, then finally consumed.Most businesses provide a service rather than make goods.
In economics, goods are items that satisfy human wants 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.
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