EVERYDAY SCIENCE

SCIENCE

ENVIRONMENTAL SCIENCES

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
A service is something that someone does for you. A good is a something you buy and consume. Which of these examples are a good and a service.
A
You buy a book and the author signs it.
B
You get a hair cut.
C
You won a book at the book fair.
D
Your brother sells you his old bike.
Explanation: 

Detailed explanation-1: -Goods and services often work together. For example, a consumer who purchases gasoline for their car also pays for the processing and transportation of that gasoline. In this case, the gasoline is the good and the processing and transportation is the service.

Detailed explanation-2: -For example, a technician provides a facility to repair a defunct product. This is known as service. There is no exchange of any goods in a service. Services may be professional, technical, or legal services.

Detailed explanation-3: -A service is an act or use for which a consumer, firm, or government is willing to pay. Examples include work done by barbers, doctors, lawyers, mechanics, banks, insurance companies, and so on.

Detailed explanation-4: -Fast food; Hotels; Holidays; Travel; Insurance and banking; Education; Health care; Public transport; More items •12-Jun-2019

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