Question

Q1. State with reason whether true or false.
a)Bread is always a consumer good.
b)Butter is only a final product.

Q2. ‘ Machine purchased is always a final good’. Do you agree? Give reasons for your answer.​

Answer 1

Answer:

( a ) yes , it is a consumer good because baked bread is sold in the market for the consumption of consumer .

( b ) no , butter cannot be a final good because if butter is used to make another product then it will become an intermediate good .

( 2 ) yes , Machine purchased by a consumer will always be a final good and if it is bought by a household , then it is a final good. But if machine is bought by a firm for resale then it is an intermidiate good

Answer 2

Answer:

actually I'm not bro

Explanation:

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