Economy, asked by nidawanbiang, 1 year ago

Distinguish between single use and durable use goods .give one example 100 and 150 word

Answers

Answered by nandamuni
0

Goods (both consumer goods and producer goods) which are only used or consumed for single time or only once are known as single use goods. Bread, milk, fruits, vegetables etc. are the example of single use consumer goods. On the other hand, seeds, fertilizers, raw materials etc. are the example of single use producer goods.


Some goods (both consumer goods and producer goods) can be used for a considerable period, that is, they can be used again and again. They are called durable use goods. For example, table, chair, cloths, shoes etc. are the durable use consumer goods.


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