Multiple choice

Which one of the following is an example of consumers good?

  1. Cloth

  2. Machines

  3. Equipment

  4. Tools
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Consumer goods are final products purchased by individuals for personal use, like clothing. Cloth is a consumer good when bought for making garments. Machines, equipment, and tools are capital goods (producer goods) used to produce other goods and services.

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