Characteristic that distinguishes services from goods

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Which of the following is NOT a characteristic that distinguishes services from goods?

The production and consumption of goods can be separated from each other, while services are often produced and consumed at the same time.

Both goods and services need to have quality standards established.

Goods are tangible and transportable.

Cost is the most important factor when determining the locations of service facilities.

Reference no: EM13758699

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