Which of the following could be categorized as capital goods 1 Steel sheet used in an automobi...........

Economic Affairs Industrial sectors

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Which of the following could be categorized as capital goods?

1. Steel sheet used in an automobile manufacturing plant

2. Packing machine in a wafer (chips and wafer) manufacturing plant

3. Warehouse in a bottling plant

4. Oil rig owned by an oil company

5. Television set in an office cafeteria

6. Battleship owned by defence force

Which of the above statement(s) is/are correct?

1, 2 and 4 only

2, 3, 4 and 6 only

1 and 2 only

1, 2, 3 and 4 only

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Explanation:

Any tangible asset that an organization uses to produce goods or services such as office buildings, equipment and machinery as capital goods. Steel sheets used in a manufacturing plant are example of intermediate goods. Capital goods are final goods. A television set is an example of consumer durable goods. All other are capital goods