That is correct.
consumer goods are commodities which satisfy wants directly
Consumer goods are those commodities which satisfy wants directly. People want them for their own sake.
Economic well-being is created in a production process, meaning all economic activities that aim directly or indirectly to satisfy human needs
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To satisfy the consumer needs.
to make good profit and satisfy consumer's need and desires.
The basic economic theory states that "When there is demand efforts will be made to satisfy this demand by virtue of supply." Now in an economic system the consumer dictates the demand and so the supply has to satisfy the demand.So the suppliers have to model their products and services which corresponds to demands of the consumers.
product
Economic products designed to satisfy peoples wants and needs are consumer goods. The type of goods that are needed and wanted can vary depending on area and culture.
define consumer behaviour as 'the process and activities people engage in when searching for, selecting, purchasing, using, evaluating, and disposing of products and services so as to satisfy their needs and desires'.'
Demanded goods which satisfy human wants directly is called direct demand.
Yes, macaroni is a delectable substance designed to satisfy the consumer's yearning and is known to be a pleasant cuisine for many American civilians.