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

673 viewsDecember 4, 2023National Income and related aggregates

Anurag Pathak28.64K 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

Add a Comment

1 Answer

Anurag Pathak28.64K 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

Add a Comment

Anurag Pathak

Anurag Pathak is an academic teacher. He has been teaching Accountancy and Economics for CBSE students for the last 18 years. In his guidance, thousands of students have secured good marks in their board exams and legacy is still going on. You can subscribe his youtube channel and can download the Android & ios app for free lectures.

Articles: 8142

Telegram Channel

Telegram Channel

1 Answer

1 Answer

Anurag Pathak

Related Questions