what is final goods
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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 goodsare 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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hey there..!
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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