What makes a consumer good or a producer good? Give at least two examples each of consumer goods and producer goods from your daly life
Answers
Answered by
2
HEY THERE........
HERE IS YOUR ANSWER..........
▶▶▶▶▶▶▶▶▶▶▶▶▶▶
☜☆☞ Consumer goods are tangible goods that are purchased for direct consumption to satisfy a human need or want. This is in contrast to producer goods, which are purchased as an input to produce another good.
As I said, consumer goods are those that are purchased for direct consumption. 'Consumption' in this context does not necessarily mean consume, as in eat. There are plenty of consumer goods that no one would consider eating, such as clothes. Clothing is a good purchased to satisfy a human need - the need to be clothed.
HOPE MY ANSWER HELPS YOU..........
:)
HERE IS YOUR ANSWER..........
▶▶▶▶▶▶▶▶▶▶▶▶▶▶
☜☆☞ Consumer goods are tangible goods that are purchased for direct consumption to satisfy a human need or want. This is in contrast to producer goods, which are purchased as an input to produce another good.
As I said, consumer goods are those that are purchased for direct consumption. 'Consumption' in this context does not necessarily mean consume, as in eat. There are plenty of consumer goods that no one would consider eating, such as clothes. Clothing is a good purchased to satisfy a human need - the need to be clothed.
HOPE MY ANSWER HELPS YOU..........
:)
dezongpaprnc78:
Thanks
Similar questions