Economy, asked by Husanpreetbest783, 2 months ago


6. Distinguish between consumer goods and capital goods. Which of these are final goods?

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Answered by Answerkingbrothers
5

Answer:

6. Distinguish between consumer goods and capital goods. Which of these are final goods?

Answer:

Consumer Goods- Goods which are capable of satisfying human needs directly are called consumpton goods. Capital Goods- All goods which help in the production of other goods either as fixed assets or as inventory stocks are called capital goods. Consumer goods are final goods.

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