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Question : Final goods are divided into:

Option 1: raw materials and semi-finished goods

Option 2: single goods and composite goods

Option 3: consumption goods and capital goods

Option 4: war goods and civilian goods


Team Careers360 22nd Jan, 2024
Answer (1)
Team Careers360 23rd Jan, 2024

Correct Answer: consumption goods and capital goods


Solution : The correct option is consumption goods and capital goods .

Final Goods are goods that are ready for consumption or ready to be used for further production without any further processing. They are the end products of the production process. They are divided into consumption goods, which are directly used by individuals or households and capital goods, which are used by businesses and organizations to produce other goods and services.

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