Nonconsumable goods that firms use to make other goods are

Name: Nonconsumable goods that firms use to make other goods are
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Nonconsumable goods that firms use to make other goods are classified as capital goods. These are long-lasting products such as machinery, tools, and buildings that aid in the production of other goods and services. They are used repeatedly in the production process and do not directly contribute to the final product.

Nonconsumable Goods That Firms Use to Make Other Goods Are