washing machine is a ____ when used in an household but a ____ when used in a laundry shop
Answers
Answered by
0
Machine. Laundry machine.
Those are the answers.
Those are the answers.
Answered by
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.
Similar questions