Economy, asked by Nikriz7255, 1 month ago

What is it called when businesses produce goods and services that consumers do not want

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Answered by arjun8114
2

Answer:

On the other hand, all the goods which are not directly used to satisfy consumption but which are used in further production are called ‘Producer Goods’ or ‘Capital Goods’. The examples are seeds, fertilizers, tools, machines, raw materials etc. When services are used directly by consumers to satisfy their wants, they are called consumer services.

Explanation:

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