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Differentiate between final consumer goods and …

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Differentiate between final consumer goods and final producer goods by giving example.
  • 2 answers

Yogita Ingle 5 years, 2 months ago

Consumer goods are those goods that are consumed directly by the consumers and they are there to server the emerging wants and needs of a consumer, while producer goods are those that goods that may be used to produce other goods, the example of the producer goods may be the technological machines which are used in production of other goods

Aaiman Farhin 5 years, 2 months ago

Final consumer goods are used for consumption like AC in house Final producer goods are used for further production process Ex freeze in a hotel
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