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Products can be described as either goods or services. Goods and services differ in four significant categories, tangible/intangible, separable/inseparable, variable/invariable and perishable/non-perishable. Define each and

Products can be described as either goods or services. Goods and services differ in four significant categories, tangible/intangible, separable/inseparable, variable/invariable and perishable/non-perishable. Define each and identify which is a characteristic of a good and which is a characteristic of a service.

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