Define consumption goods.

1.	Define consumption goods.
Answer» Consumption goods are those which are bought by consumers to satisfy their wants. Eg: Durable goods car, television, radio etc. Non-durable goods and services like fruit, oil, milk, vegetable etc.

Answer»

Consumption goods are those which are bought by consumers to satisfy their wants.

Eg: Durable goods car, television, radio etc. Non-durable goods and services like fruit, oil, milk, vegetable etc.

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Define consumption goods.

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