Question : Buildings, machinery, tools, and equipment are a few examples of the capital goods that firms employ to produce their goods and services.
Option 1: Consumer goods
Option 2: Inferior goods
Option 3: Intermediate goods
Option 4: Capital goods
Latest: SSC CGL preparation tips to crack the exam
Don't Miss: SSC CGL complete guide
New: Unlock 10% OFF on PTE Academic. Use Code: 'C360SPL10'
Correct Answer: Capital goods
Solution : The correct option is Capital goods .
Buildings, machinery, tools, and equipment are a few examples of the capital goods that firms employ to produce their goods and services.
Producer goods, usually referred to as capital goods, are physical assets that are utilised by organisations and industries to create other products or services rather than being sold directly to consumers.
Candidates can download this ebook to know all about SSC CGL.
Answer Key | Eligibility | Application | Selection Process | Preparation Tips | Result | Admit Card
Question : In which of the following cases does the law of demand fail?
Question : The main effect of direct taxes is on:
Question : Depreciation is a loss in value of-
Question : Which of the following is an indirect tax?
Question : Inflation is a situation characterised by
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile