Economy, asked by jaskiratkaur26090, 3 months ago

which of the following is a feature of capital goods​

Answers

Answered by hotcupid16
66

\huge\mathfrak\pink{Answer}

  • Capital goods are man-made, durable items businesses use to produce goods and services. They include tools, buildings, vehicles, machinery, and equipment. Capital goods are also called durable goods, real capital, and economic capital.
Answered by stefangonzalez246
0

Complete Questions:

"Write down the feature of capital goods."

Answer:

The features of capital goods are as follows:

  • Capital goods refer to the final goods that can be used for the purpose of business investment.
  • They usually increase production capacity.
  • They are based on derived demands which means the demand for these goods will depend on other products.
  • They are marketed from business to business profile.
  • The demands for these goods are comparatively low.
  • The price determination of these goods is done by companies.
  • Companies sell consumer goods, not capital goods. Therefore, this type of product cannot bring direct benefits like consumer goods.
  • Example of capital goods is hardware, types of machinery, etc.
  • This includes tools, buildings, vehicles, machines, and equipment. Capital goods are durable goods, physical capital, and economic capital.

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