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Question
Services are ______.
Options
Intangible
Tangible
Visible
None of these
Solution
Services are Intangible.
Explanation:
Services are intangible because they cannot be seen, touched, or stored like physical products. They are actions or activities provided by one party to another, such as banking, education, healthcare, and entertainment. This characteristic distinguishes services from tangible goods, which are physical items that can be seen and touched.
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