Question

what makes a consumer is good or a producer good? Give at least to the example is of consumers good and producer goods on from your daily life about in 100 150 words

Answer 1

Capital goods and consumer goods are classified based on how they are used.

 A capital good is any good deployed to help increase future production. 

The most common capital goods are property, plant and equipment, or PP&E. 

Consumer goods are any goods that are not capital goods; they are goods used by consumers and have no future productive use.