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Capital good
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Can a bicycle be considered both a capital and consumer good?
yes/no
Does the us produce more consumer goods or more capital goods?
Capital goods, are goods used in production. Consumer goods are for the final consumer, as a person. For example, a machine that makes pins is a capital good, because a pin factory will buy it. But pins is a consumer good, because a person will buy it. A combine harvester is a capital good, but the bread is a consumer good.
What is the difference between a consumer good and a capital good?
Capital goods are goods used by one business to help another business produce consumer goods. Consumer goods are used by consumers and have no future productive use. Capital goods include items like buildings, machinery, and tools. Examples of consumer goods include food, appliances, clothing, and automobiles.
How is it possible for a good to be both a capital good and a consumer good?
A service buys another service's goods and sells it to people.
Is fresh tomatoes a capital good?
Nope, it is a consumer good. Even if it is for further production, it is still not considered as a Capital good. Capital good are goods used for the purpose of producing for other goods & commodities. It require a relatively large investment and is used for several years.
Is a bookcase used by a library a capital good or consumer good?
consumer good
What is the difference between capital and consumer goods?
Capital goods, are goods used in production. Consumer goods are for the final consumer, as a person. For example, a machine that makes pins is a capital good, because a pin factory will buy it. But pins is a consumer good, because a person will buy it. A combine harvester is a capital good, but the bread is a consumer good.
Can a bicycle be considered both a capital and consumer good?
yes/no
Does the us produce more consumer goods or more capital goods?
Capital goods, are goods used in production. Consumer goods are for the final consumer, as a person. For example, a machine that makes pins is a capital good, because a pin factory will buy it. But pins is a consumer good, because a person will buy it. A combine harvester is a capital good, but the bread is a consumer good.
What is the difference between a consumer good and a capital good?
Capital goods are goods used by one business to help another business produce consumer goods. Consumer goods are used by consumers and have no future productive use. Capital goods include items like buildings, machinery, and tools. Examples of consumer goods include food, appliances, clothing, and automobiles.
How is possible for a good to be both a capital good and a consumer good?
A service buys another service's goods and sells it to people.
How is it possible for a good to be both a capital good and a consumer good?
A service buys another service's goods and sells it to people.
Is an automobile a consumer good or capital good?
An automobile is a consumer good. Dictionary of Marketing Terms, 3rd edition, by Jane Imber and Betsy-Ann Toffler, published by Barron's Educational Series, Inc.
Is fresh tomatoes a capital good?
Nope, it is a consumer good. Even if it is for further production, it is still not considered as a Capital good. Capital good are goods used for the purpose of producing for other goods & commodities. It require a relatively large investment and is used for several years.
Explain how a sewing machine can be both capital and consumer good?
A capital good is one in which is used in the production of OTHER goods and service. So a sewing machine is a tool to produce apparel, household items, interior items, etc. to sell. A consumer good is one that is actually a good that is actually purchased. Sewing machines are sold in craft stores, online, etc. as its own product.
Do bulldozer shrimp seem to be wearing hardhats?
that is a good point - to some people they do.
Is Bulldozer is a tractor?
A bulldozer is a type of crawler tractor.
