Bread is always a consumer good (True or False with Reasons)

1.80K viewsDecember 4, 2023National Income and related aggregates

Anurag Pathak30.76K December 4, 2023 0 Comments

True or False with Reasons

Bread is always a consumer good

Anurag Pathak Changed status to publish December 4, 2023

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Anurag Pathak30.76K Posted December 4, 2023 0 Comments

False,

It depends on the end use of bread. When it is purchased by a household, it is a consumer good. If it is purchased by a restaurant, it is a producer (intermediate) good.

Anurag Pathak Changed status to publish December 4, 2023

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