Sumit0617 Sumit0617
  • 17-09-2022
  • Business
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What makes a good a consumer good or a producer good?

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ROHI74
ROHI74 ROHI74
  • 17-09-2022

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.

Explanation:

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sophieeeeexxxxx sophieeeeexxxxx
  • 17-09-2022
They meet the needs of the customer and also the needs of the supply (supply and demand)
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