What is mean final goods give some examples
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A final good or consumer good is a commodity that is used by the consumer to satisfy current wants or needs, rather than to produce another good. A microwave oven or a bicycle is a final good, whereas the parts purchased to manufacture it are intermediate goods.
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Definition and examples. A final good is a product that the final consumer uses or consumes. The good (product) does not require any additional processing. A company makes a final good for the direct use of the final consumer. The final consumer is the person or entity that consumes or uses a product or service.
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