Economy, asked by jstar5629, 1 month ago

washing machine is a ____ when used in an household but a ____ when used in a laundry shop​

Answers

Answered by liacandab
0
Machine. Laundry machine.
Those are the answers.
Answered by ribhur2102
0

Washing Machine is a Consumption Good when used in an household but a Capital Good when used in a laundry shop.​

Explanation:

  • The goods which satisfy the wants of the consumers directly are called Consumption or Consumer Goods.
  • Consumption Goods are further classified into 3 types f goods i.e. Durable Goods , Semi-durable Goods and Non-duarable Goods.
  • The goods that are produced to be used in future production processes are called Capital Goods.

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