Question

What is meant by final goods and services?

Answer 1

In economics, any commodity which is produced and subsequently consumed by the consumer, to satisfy his current wants or needs, is a consumer good orfinal good. Consumer goods are goodsthat are ultimately consumed rather than used in the production of another good

Answer 2

final goods are those which Include the value of intermedient good .example : the biscuits are sold in market and it is of 60rs so, it includes the value of butter, floar and sugar