Question : Bread, Milk, Readymade clothes, T.V., etc. are examples of _______ goods
Option 1: Producer goods
Option 2: Perishable goods
Option 3: Inferior goods
Option 4: Consumer goods
Correct Answer: Consumer goods
Solution : Consumer goods are the goods that are used for self-consumption. For example Bread, Milk, Readymade clothes, T.V., etc. Hence D is the correct answer.
Question : ______ goods are goods that cannot be consumed more than once, such as milk.
Question : ______ commodities are those that can be consumed more than once over a period of time.
Question : Buildings, machinery, tools, and equipment are a few examples of the capital goods that firms employ to produce their goods and services.
Question : Coffee and tea are examples of ___ goods.
Question : Plant and machinery are
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