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Goods purchased for the following purpose are final goods:
for satisfaction of wants
for investment in firm
both (A) and (B)
none of the above
Option (3) is correct. Explanation: Final goods are referred to as those goods that do not require further processing. These goods are produced for the direct consumption either by a consumer for final consumption or by a producer for investment or capital formation.
By: Parvesh Mehta ProfileResourcesReport error
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