Which of the following is true of goods?
a. They can be produced in a centralized location and be consumed in decentralized locations.
b. They tend to be less tangible than services.
c. They need to be produced, sold, and consumed at the same time as they are highly perishable.
d. They tend to be less standardized and uniform than services.
ANSWER: a
Goods can be produced in a centralized location and consumed in decentralized locations, unlike services. Goods are produced, sold, and then consumed.
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