What do you mean by final good and service
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A consumer good or final good is any commodity that is produced or consumed by the consumer to satisfy current wants or needs. Consumer goods are ultimately consumed, rather than used in the production of another good. ... In that context, the economic definition of goods includes what are commonly known as services.
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goods are used in manufacturing a product.
A service is an action that a person does for someone else. Examples: goods are items you buy, such as food, clothing, toys, furniture, and toothpaste.
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