Producer goods are those goods, which satisfy the want of consumers indirectly. As they help in producing other goods, they are known as producer goods. For example Machinery, tools, rawmaterials,seeds, manureandtractor etc are all example of producer goods. Rawmaterials, power,fuelsetc.
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Answer:
Producer goods are those goods, which satisfy the want of consumers indirectly. As they help in producing other goods, they are known as producer goods. For example Machinery, tools, raw materials, seeds, manure and tractor etc are all example of producer goods. Raw materials, power, fuels etc.
Thank you, if there's something wrong, just update me, thanks again!
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