Which of the following best defines a physical product that can be seen or touched?

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A physical product that can be seen or touched is best defined as goods. Goods are tangible items that are manufactured or produced and can be sold or consumed. Examples of goods include clothing, electronics, and furniture. This definition captures the essence of goods as products that have a physical presence and provide value through their use.

On the other hand, services are intangible and involve actions or performances provided by one party to another, such as haircuts or car repairs. Resources and inputs refer to the materials or factors used in the production of goods and services, but they do not specifically represent finished products that can be interacted with physically. Thus, goods directly fulfill the requirement of being a physical product that can be perceived through touch and sight.

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