What is defined as a product that has value but is not tangible and involves tasks performed for customers?

The option that is defined as a product that has value but is not tangible and involves tasks performed for customers is a service. Services are activities or tasks that provide value to customers and can encompass various forms such as consulting, maintenance, education, and more. Unlike goods, which are physical items that can be touched and owned, services are experiences or performances that address customer needs and can be consumed at the same time they are produced. This intangibility is a key characteristic that differentiates services from goods and highlights why they are an essential component of the economy.