Question

What is goods and services in economics

Answer 1

A SERVICE is an action that a person does for someone else. Examples:Goods are items you buy, such as food, clothing, toys, furniture, and toothpaste. Services are actions such as haircuts, medical check-ups, mail delivery, car repair, and teaching.Goods are tangible objects that satisfy people's wants.

Answer 2

service is an action that a person does for someone else examples good sir items you by such as food clothing toys furniture and toothpaste service are action such as haircut medical checkups Mall delivery car repair and teachings goods are tangible objects that satisfy people wants