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because goods are produced to be consumed

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12y ago

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What is consumer production?

Consumer production is the creating of something to be consumed by someone. It is a process in which the product is being created.


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Why is a loaf of bread considered a final good?

final goods are goods that are ultimately consumed rather than used in the production of another good. For example, a car sold to a consumer is a final good.after you buy the bread you don't sell it again do you? no you eat it.


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What does complying with consumer-protection regulations do?

Complying with consumer protection regulations increases production costs and raises prices.


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Higher costs for production, leading to higher consumer prices.