Question

define producer goods​

Answer 1

Answer:

Producer goods, also called intermediate goods, in economics, goods manufactured and used in further manufacturing, processing, or resale. Producer goods either become part of the final product or lose their distinct identity in the manufacturing stream. ... Only the price of final consumer goods is included in the GNP.

Explanation:

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Answer 2

Answer:

Producer goods refer to the types of products used by producers in their production processes. They include capital goods (such as machinery, parts, and equipment), semi-finished products, and raw material.