Question

What do final goods and services mean

Answer 1

Hey dear here is your answer....

Goods that are sold to or consumed by customers are called final goods and service

For example : Parle -G is the final good consumed by consumer...

hope it helps u ..

Answer 2

Final goods and services mean-

1. Final goods and services, also known as consumption goods are manufactured for final consumption by the consumers.

2. No further proceedings are required for the final goods. It can be directly consumed by the consumers. The needs of the consumers are satisfied by the final goods.

3. Examples of final goods are medicines, food products that can be eaten directly, and others.