Identify a difference between goods and services. select one:
a. customers directly participate in goods-producing activities, whereas customers do not participate in service-providing activities.
b. goods can be stored as physical inventory, whereas services cannot be stored as physical inventory.
c. goods-producing firms rely solely on soft technology, whereas service-providing firms rely solely on hard technology.
d. the demand for goods cannot be predicted, whereas the demand for services can be easily predicted.

The correct answer is option b.

Explanation:

Goods are physical or tangible objects but services are intangible and the act of performing work for someone. Goods are produced but services are performed. Transfer of ownership is involved in the case of goods, but this is not the case with services. Goods can be separated from sellers, unlike services which cannot be separated from the provider.  

Since goods are physical and tangible they can be produced and stored as inventory. Services are intangible and non-physical so they cannot be stored as inventory.

the u.s. census bureau produces data on the population and economy nationwide. it can you to analyze the kind of people living in your neighborhood. it does not show you the market of people willing to buy your product or an existing market for your product. that will require more market research. the census bureau only gives you an insight to the demographics in your area.

answer: a. the kind of population living in your neighbourhood.

the census explorer data tool by the us census bureau allows the user to zoom in on any neighbourhood within the united states and find the kind of people residing in that by race and age.  

the tool needs to needs to be used twice – once in order to find what type of people reside in a neighbourhood, and then to see the age groups of the people in the same neighbourhood.