ECONOMICS (CBSE/UGC NET)

ECONOMICS

CONSUMERS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Cookies, pens, and cans are examples of ____
A
goods
B
services
C
producers
D
consumers
Explanation: 

Detailed explanation-1: -There are four different types of goods in economics, which can be classified based on excludability and rivalrousness: private goods, public goods, common resources, and club goods.

Detailed explanation-2: -General consumer products range from utilitarian goods such as shoes and pens and pencils, to cutting-edge technology such as iPads and smartphones.

Detailed explanation-3: -Computers. Books. Notepads. Laptop bags. Water bottles. Cars. Jackets. Cell phones. More items •03-Feb-2023

There is 1 question to complete.