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What is meant by convinience goods?

Updated: 4/28/2022
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12y ago

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Widely distributed and inexpensive products, purchased frequently with low effort, because they are available everywhere contrasting with specialty goods which are more expensive.

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12y ago
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Q: What is meant by convinience goods?
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What are inexpensive products that are purchased often and with little expenditure of time and efforts?

convinience goods


What is the difference between inferior and giffen goods?

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