Those goods which statisfy human wants directly are called:
(a) intermediate goods
(b) consumer goods
(c) capital goods
(d) none of these
Answers
Answered by
1
option (c) capital goods
Answered by
4
Answer:
(b)Consumer goods
Explanation:
Consumption Goods are those goods which yield satisfaction directly. They are used by the consumers to satisfy their wants correctly -e.g., food, clothing, pen, ink, etc. They are also called Goods of the First Order. Capital Goods are those goods which help us to produce other goods, e.g., tools, machines, etc.
Similar questions