Question

distinguish between consumption and capital goods?​

Answer 1

Answer:

Goods are defined as those items that can help in fulfilling humans needs and desires.

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Difference between consumption goods and capital goods.

Consumption Goods Capital Goods

Consumption goods are those goods that are used by the consumers and have no use in future. Capital goods are those goods that have a future use and are used for production of consumption goods

Answer 2

Answer:

Comsumption goods are those goods that sre used by the consumers abd have no use in future.

Capital goods are those goods that have a future use and have a future use and are used for production of consumption goods.

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