CBSE Class 12-commerce Answered
All producer goods are not capital good. Justify.
Asked by Topperlearning User | 15 Apr, 2016, 10:26: AM
Expert Answer
Producer goods include goods used as raw material such as papers for print media to print newspapers, journal, books and magazines. Also, goods are used as fixed assets such as land and building machinery.
Capital goods include only the fixed assets of producers. These goods are used as durable-use producer goods, whereas the goods used as raw material are single-use producer goods. These goods cannot be used again in the production process. Therefore, all producer goods are not capital goods.
Answered by | 15 Apr, 2016, 12:26: PM
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