Business General (Introductory level)?
There are goods andthere are services...My textbook seems to argue that things are one of the other. What happens if I solicit a service that produces a good? or buy a good that produces a service?
E.g. What if I go to a tailor and ask him to make me a suit (a service)...so he takes my measurments and some time later I come back and pick up my nicely tailored suit (a good). So in a test situation, did I buy a service or did I buy a good?
2) Also, are there goods that produce services?
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From an accounting standpoint the suit is a good. Lots of products work that way -- where the service component is built into the cost of the finished goods. Prescription eyeglasses are an example.
I suppose you could stretch it and say that if you buy a taxicab, that's a good that provides a service to someone else.