Bread is always a consumer good (True or False with Reasons)
True or False with Reasons
Bread is always a consumer good
Anurag Pathak Changed status to publish December 4, 2023
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