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Which of the following statements is TRUE about capital goods? A-Capital goods are bigger and more expensive than consumer goods.
B-Capital goods are only used by governments.
C-Capital goods are usually imported.
D-Capital goods are used to produce other goods and services more efficiently.



Answer :

W0lf93
The correct option is D. Capital goods are used to produce other goods and services more efficiently. They are tangible asset of a company such as lands, buildings, machinery, equipments, tools, etc. They are used in production process in order to produce consumer goods.

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