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Define final goods

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Define final goods

Posted by Shreya Rai 3 years, 4 months ago

CBSE > Class 12 > Economics

2 answers

Preeti Dabral 3 years, 4 months ago

These are those goods which have crossed the boundary line of production and are ready for use by their final users. These goods are not resold by the firms for profit during the accounting year.
Example: Shoes used by the households or tractor used by the farmers.

0Thank You

Shubhanshi Singh 3 years, 5 months ago

Final goods are those goods which have crossed the boundary line of production and are ready for use by their final users

0Thank You

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