Which out of consumer and capital goods is final good?
Regards
Solution :-
Both consumer goods and capital goods are final goods.
A final good is a product that the final consumer uses or consumes. The good does not require any additional processing. For Example : Books, Car, etc.
Consumer goods are those goods which are for final consumption by the customers like us. For example : Cloths, Furniture, etc.
Capital goods are those goods which are used by producers and factories for the production purpose. For example : Machines.
Capital goods do not get used in the process of production but remain in the business for a long period of time and undergo wear and tear.
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Both consumer goods and capital goods are final goods.
A final good is a product that the final consumer uses or consumes. The good does not require any additional processing. For Example : Books, Car, etc.
Consumer goods are those goods which are for final consumption by the customers like us. For example : Cloths, Furniture, etc.
Capital goods are those goods which are used by producers and factories for the production purpose. For example : Machines.
Capital goods do not get used in the process of production but remain in the business for a long period of time and undergo wear and tear.
Note:- Your Question seems to be quite unclear and incomplete. Kindly post the complete question for some meaningful help.
Sorry for inconvenience caused!