Question

What are final goods???​

Answer 1

Final goods are referred to as those goods which do not require further processing. These goods are also known as consumer goods and are produced for the purpose of direct consumption by the end consumer.These goods satisfy consumer needs or want.

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Answer 2

Answer:

A final goods or consumer goods is a commodity that is used by the consumer to satisfy current wants or needs, unlike intermediate goods which is utilized to produce another goods. A microwave oven or a bicycle is a final good, whereas the parts purchased to manufacture it are intermediate goods.

Explanation:

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