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CBSE Class 12-commerce Answered

What are the two types of final goods?

Asked by Topperlearning User | 15 Apr, 2016, 10:26: AM
Expert Answer

Consumers and producers are the two types of final goods.

i. Consumer goods are purchased by the consumer for the satisfaction of their wants such as food stuffs, dress material and other accessories.

ii. Producer goods are purchased by the producers for further production such as land and, building machineries.

Answered by | 15 Apr, 2016, 12:26: PM
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ANSWERED BY EXPERT
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Asked by Topperlearning User | 15 Apr, 2016, 10:26: AM
ANSWERED BY EXPERT
CBSE 12-commerce - Macroeconomics
Asked by Topperlearning User | 15 Apr, 2016, 10:26: AM
ANSWERED BY EXPERT
CBSE 12-commerce - Macroeconomics
Asked by Topperlearning User | 15 Apr, 2016, 10:26: AM
ANSWERED BY EXPERT
CBSE 12-commerce - Macroeconomics
Asked by Topperlearning User | 15 Apr, 2016, 10:26: AM
ANSWERED BY EXPERT

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