Final goods refer to those goods which are used either for _______ or for _______.
Final goods refer to those goods which are used either for _______ or for _______.
(a) Consumption, investment
(b) Consumption, resale
(c) Resale, investment
(d) Resale, further production
Anurag Pathak Changed status to publish December 5, 2023
Ans – (a)
Final goods are those goods which are used by household for consumption purposes to satisfy their wants and by producers (Firm) for investment purposes.
Anurag Pathak Changed status to publish December 5, 2023
