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An example of consumption goods is
  • a)
    plant
  • b)
    Coal
  • c)
    machine
  • d)
    Fruits
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
An example of consumption goods isa)plantb)Coalc)machined)FruitsCorrec...
Goods which are consumed for their own sake to satisfy current wants of consumers directly are called consumption (or consumer) goods.
Capital goods are fixed assets of producers which are repeatedly used in production of other goods and services. Alternatively durable goods which are bought for producing other goods but not for meeting immediate needs of the consumer are called capital goods. 
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Most Upvoted Answer
An example of consumption goods isa)plantb)Coalc)machined)FruitsCorrec...
Yes c is right answer but it not means that D is wrong
option c indicate durable consumer goods if machine is directly used by household not for use of business
and option d is better as compare to c
option d indicate non durable or single use consumer good
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Community Answer
An example of consumption goods isa)plantb)Coalc)machined)FruitsCorrec...
Should be D as machine is an intermediate good as it is used to produce final goods
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An example of consumption goods isa)plantb)Coalc)machined)FruitsCorrect answer is option 'C'. Can you explain this answer?
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