What makes a good a consumer good or a producer good?

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asked Nov 28, 2023 94.4k views

2 Answers

Florian Dietz · Answer 1 · 2023-12-05T00:36:15+0000

Answer:

Consumer goods are the goods finally used by the consumers to satisfy their wants. These goods directly satisfy human wants. Producer goods are those goods which are used by the producers to produce more goods or continue the process of production.

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What makes a good a consumer good or a producer good?

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