Saved Bookmarks
| 1. |
‘Machine purchased is always a final good’ do you agree? Give reason for your answer |
|
Answer» Whether machine is a final good or it depends on how it is being used (end use). If machine is bought by a household, then it is a final good. If machine is bought by a firm for its own use, then also it is a final good. If the machine is bought by a firm for resale then it is an intermediate good. |
|