Question

what are called consumer goods in economics ? ( 2 marks question ) ​

Answer 1

Answer:

Goods which are directly used for satisfaction of human wants and which are not used in production and for other purpose are known as consumer goods or consumption goods, e.g. ice-cream and milk used by the households.

Answer 2

Answer:

Ans. Goods which are directly used for satisfaction of human wants and which are not used in production and for other purpose are known as consumer goods or consumption goods, e.g. ice-cream and milk used by the households.

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