Here's why:
* Tangible Good: The salon itself is a physical space with equipment, furniture, and supplies. These are all tangible assets.
* Intangible Service: The salon provides services, such as haircuts, styling, manicures, and facials. These are intangible, as they are actions performed on the customer.
Therefore, a beauty salon is a combination of both tangible and intangible components. It's a physical location offering intangible services.