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Which of the following is NOT a consumer good?

2 Answers

7 votes

Answer:

Clothing, food, and jewelry are all examples of consumer goods. Basic or raw materials, such as copper, are not considered consumer goods because they must be transformed into usable products.

Step-by-step explanation:

A consumer good is a final product ready for sale that is used by the consumer to help with their current wants or needs. for example, a microwave oven or a bicycle is a final good. But, we are talking about what is not an consumer good. Intermediate goods are not Consumer goods because they are used to produce other goods. A microwave oven or a bicycle is a final good, but the parts purchased to manufacture it are intermediate goods

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User Catharina
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5 votes

Answer:

what is not a consumer good is an item that lasts less than 3 years when used on a daily basis. Examples: food, writing paper, clothing.

User KiriSakow
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