Question

is mango a producer or consumer good​

Answer 1

Answer ⤵️

Both consumer and producer

Explanation ⤵️

• Consumer because it takes food from the plants .
• Producer because it,s seeds can produce a plant .

Answer 2

Producer goods (capital goods) are used in the production of either more capital goods or consumer goods. Milling machines, robot welders, assembly lines, are examples of capital goods. A shower curtain, a bath towel, underwear are examples of consumer goods. Sometimes the distinction can be blurred. If a lawn mower is bought by a person to mow their lawn it is a consumer good. If the same lawnmower is bought by a landscaper to mow other people's lawns, then it is capital goods. It all comes down to whether the goods are producing something. In the landscaper’s instance the mower produces a nice lawn for his customer, and gross income for his business.