Which of the following characteristics differentiates a good from a service?
A) Intangibility.
B) Price.
C) Colour.
D) Frequency of use.

Question

Which of the following characteristics differentiates a good from a service? 
A) Intangibility. 
B) Price. 
C) Colour. 
D) Frequency of use.

Quizplus · Accepted Answer

Intangibility is the primary characteristic that differentiates a good from a service. Goods are tangible, meaning they can be touched, whereas services are intangible, meaning they cannot be physically touched or seen. Price, colour, and frequency of use do not differentiate goods from services.

Which of the Following Characteristics Differentiates a Good from a Service