Distinguish between capital goods and consumption goods
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Explanation:
capital goods : goods that are used in producing Other goods ,rather than being bought by consumers.
consumption goods : goods that are ultimately consumed by cunsumers rather than used in the production of another good.
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1
Answer:
Explanation:
Consumer goods are defined as the goods that are used for final consumption, i.e. the goods are not used for further processing. On the other hand, capital goods are those goods that are used for future production by the manufacturers, rather than by the consumers for final use
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