Question

Expt. No..

Date
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Page No..
Section A
1. What makes a good a Consumer good or a producer good?

Answer 1

A consumer good is when a consumer buys goods and services they satisfy for once any goods purchased for consumption and not use later to produce another consumer good A producer good is when producers make goods and services Goods are manufactured and used in further manufacturing processing or reselling that's the difference between a producer good and customer good