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
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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
