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Class 12 · Economics · Medium

A mobile phone bought for household use is what type of good?

Class 12 · Economics · Medium

A mobile phone bought by a mobile shop for selling will fall under which category?

Class 12 · Economics · Medium

Which good can change classification according to the buyer?

Class 12 · Economics · Medium

A machine bought by a factory to increase production is what type of final good?

Class 12 · Economics · Medium

What problem can arise if the value of intermediate goods is separately added in national income?

Class 12 · Economics · Medium

On what basis is the difference between a final good and an intermediate good best understood?

Class 12 · Economics · Medium

In which situation will a computer be considered a capital good?

Class 12 · Economics · Medium

Why can the same sugar fall into different categories for a family and for a sweet shop?

Class 12 · Economics · Medium

Why is classification of these four goods important in the national income chapter?

Class 12 · Economics · Medium

Which statement correctly explains a capital good?

Class 12 · Economics · Medium

Which statement correctly identifies a final good?

Class 12 · Economics · Medium

Which good can be consumption or capital depending on use?

Class 12 · Economics · Medium

The same textbook kept by a shop for sale will be considered what?

Class 12 · Economics · Easy

If a student buys a textbook from a shop for own use what is it?

Class 12 · Economics · Easy

If a publisher buys paper and prints a book what is the paper?

Class 12 · Economics · Medium

What error can occur in national income if an intermediate good is treated as a final good?

Class 12 · Economics · Easy

If a new factory building is made for production what type of good will it be considered?

Class 12 · Economics · Medium

Consumption goods and capital goods can both be final goods because both are bought for what?

Class 12 · Economics · Easy

Which option gives a correct example of an intermediate good?

Class 12 · Economics · Easy

Which option gives a correct example of a capital good?