Is courtroom a consumer good or capital good?
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Capital goods are goods used by one business to help another business produce consumer goods. Consumer goods are used by consumers and have no future productive use. Capital goods include items like buildings, machinery and tools.
Examples of consumer goods include food, appliances, clothing and automobiles.
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Capital goods are goods used by one business to help another business produce consumer goods. Consumer goods are used by consumers and have no future productive use. Capital goods include items like buildings, machinery and tools. Examples of consumer goods include food, appliances, clothing and automobiles.
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