All producer goods are not capital …
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Yogita Ingle 5 years, 7 months ago
Producer goods are those goods which are used in the process of production i.e. which are used in production of other goods.
Producer goods includes two types of goods:
Single user producer goods- Goods used as raw material like coal, wood etc.
Capital goods – they are used as fixed assets by the producers like plant and machinery So ,it can be said that all capital goods are producer goods , but all producer goods are not capital goods.
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