Refrigerator purchased by a confectionery shop is an example of:
Refrigerator purchased by a confectionery shop is an example of:
(a) Final good
(b) Intermediate Good
(c) Capital Good
(d) Both a) and c)
Anurag Pathak Changed status to publish December 5, 2023
Ans – (d)
Explanation:-
A refrigerator purchased by a confectionery shop is a final good as it is purchased for investment purposes.
Second it will be used to generate revenue and would help in further production, it is a capital good.
Anurag Pathak Changed status to publish December 5, 2023
