Question

Make a list of consumer and producer goods and try to explain how consumer goods differ from producer goods on the basis of usage.​

Answer 1

Answer:

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.

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Answer 2

Answer:

Explanation:

A thermoelectric generator (TEG), also called a Seebeck generator, is a solid state device that converts heat flux (temperature differences) directly into electrical energy through a phenomenon called the Seebeck effect (a form of thermoelectric effect).