wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

Final goods refer to those goods which are used either for ______ or for ________.

A
Consumption, investment
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
B
Consumption, resale
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
Resale, investment
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
Resale, further production
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is A Consumption, investment
Final goods refer to those goods which are used either for consumption or for investment. Final goods have crossed the boundary of production and are ready for use by their final users. These goods are included in the estimation of national product or national income. Example: Bread and butter used by the consumers.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Concept of Sandhai or Shops
CIVICS
Watch in App
Join BYJU'S Learning Program
CrossIcon