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Question

What is called consumer goods?

A
Goods reaching consumers in the end
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B
Goods reaching consumer straight
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C
Good which are not perishable
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D
None of these
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Solution

The correct option is A Goods reaching consumer straight
The goods that are purchased for consumption by the average consumer are known as consumer goods. These goods reach straight to the consumers. Consumer goods are the end result of production and manufacturing. That’s why they are also called final goods. Clothing, food and jewellery are all examples of consumer goods.

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