Question

final goods include only those goods which are consumed by the households defend and given the statement with vaild reasons

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Answer 1

Answer:

A final good or consumer good is a commodity that is used by the consumer to satisfy current wants or needs, rather than to produce another good. A microwave oven or a bicycle is a final good, whereas the parts purchased to manufacture it are intermediate goods.

Answer 2

The given assertion isn't right and is consequently invalidated.

• Final goods are those goods that are bought/consumed either by families or by the makers for venture reason, i.e., these are the goods that have crossed the creation limit.
• A final good or buyer good is an item that is utilized by the customer to fulfill current needs or needs, rather than to create another good.
• A microwave or a bike is a final good, while the parts bought to produce it are moderate goods.