Which of the following is an example of a consumer good?
A)Art supplies purchased for the primary school art centre
B)Disposable nappies purchased by a new mother for her baby
C)A riding lawn mower purchased by a landscape company
D)Paint purchased by a house-painting contractor
E)Toys purchased for the day-care centre

Question

Quizplus · Accepted Answer

A consumer good is a product purchased for personal or household use, and disposable nappies are purchased by new mothers for their babies' personal use. The other options are all examples of producer goods or capital goods, which are purchased for business or commercial use.

Which of the Following Is an Example of a Consumer