New SIDBI Grade A New Batch Starts on Nov 18

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    Question

    Machines, tools and implements, and buildings are examples of which type of goods?

    A Consumer goods Correct Answer Incorrect Answer
    B Inferior goods Correct Answer Incorrect Answer
    C Intermediate goods Correct Answer Incorrect Answer
    D Capital goods Correct Answer Incorrect Answer

    Solution

    Capital goods include fixed assets, such as buildings, machinery, equipment, vehicles, and tools. Capital goods differ from consumer goods, which are the end product of production and manufacturing.

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