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Differentiate between capital goods and consumption goods

Posted by Faizan Sheikh 4 years, 2 months ago

CBSE > Class 12 > Economics

1 answers

Shivani Narwar 4 years, 2 months ago

investment by firm on machinery this is capital goods and its is only non-durable. final good consumed by coustomer for his satisfaction of wants this is consumption goods and it is durable and non-durable like icecream is durable and furnituer is non durable.

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CBSE > Class 12 > Economics