Search SchoolNGR

Tuesday, 10 November 2026
Register . Login

Goods are usually classified into

Goods are usually classified into
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Saleable and non saleable goods
  • B Inferior and superior goods
  • C Luxurious and essential goods
  • D Producer and consumer goods
Correct Answer: Option D
Explanation:
Goods are usually classified into producer goods and consumer goods. Producer goods are goods used in the production of other goods and services, while consumer goods are goods purchased for direct use or consumption by individuals.

Share question on: