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What else can I help you with?
Is a bulldozer a capital good or a consumer good?
Capital good
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 area is of Michigan is known as the automobile CAPITAL of the world?
Detroit is known as the automobile capital of the world.
An automobile is an example of a consumer?
goods
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.
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.
Automobile capital of the world?
Detroit
Where is the automobile capital of the world?
it is Detroit
