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needs of consumers in order to make a profit. nick so what exactly is t…

Question

needs of consumers in order to make a profit.
nick
so what exactly is the difference between a good and a service?
dr. elbert
excellent question! ill turn it right back to you, what is a good?
anything you can touch. tangible items such as food, clothing, building materials, computers, etc.
anything that is done for you. intangible items or actions that seek to help a consumer accomplish something, such as a doctor setting a broken bone or having your lawn mowed.
it is anything that provides value or pleasure or something positive toward someone.
submit

Explanation:

Brief Explanations

The question is about defining a "good" in the context of business (specifically marketing or economics, as it relates to consumer needs and the difference between goods and services). The first option defines a good as a tangible item (touchable, like food, clothing), which aligns with the standard business/economics definition of a good (a physical, tangible product) versus a service (intangible). The second option defines a service, and the third is too broad. So the correct definition of a good is the first one.

Answer:

The correct option (for defining a good) is: "Anything you can touch. Tangible items such as food, clothing, building materials, computers, etc."