consumer good
consumer good
English Definitions:
consumer good (Noun)
Goods that consumers or end-users buy; contrast with goods that are sold to businesses.
consumer good
A final good or consumer good is a final product ready for sale that is used by the consumer to satisfy current wants or needs, unlike a intermediate good, which is used to produce other goods. A microwave oven or a bicycle is a final good, but the parts purchased to manufacture them are intermediate goods. When used in measures of national income and output, the term "final goods" includes only new goods. For example, gross domestic product (GDP) excludes items counted in an earlier year to prevent double counting based on resale of items. In that context, the economic definition of goods also includes what are commonly known as services. Manufactured goods are goods that have been processed in any way. They are distinct from raw materials but include both intermediate goods and final goods.
Citation
Use the citation below to add this dictionary page to your bibliography:
Style:MLAChicagoAPA
"consumer good." Kamus.net. STANDS4 LLC, 2024. Web. 28 Mar. 2024. <https://www.kamus.net/english/consumer+good>.
Discuss this bahasa indonesia consumer good translation with the community:
Report Comment
We're doing our best to make sure our content is useful, accurate and safe.
If by any chance you spot an inappropriate comment while navigating through our website please use this form to let us know, and we'll take care of it shortly.
Attachment
You need to be logged in to favorite.
Log In