Answer to Question #209061 in Macroeconomics for Brans

Question #209061

A term for when businesses produce goods and services that consumers don't want


1
Expert's answer
2021-06-21T12:21:20-0400

Answer)

Capital goods.


The consumer requires consumer goods for the consumption purpose whereas investment goods for the investment purpose. Both consumer goods and investment goods are demanded by the consumers. But the capital goods produced by the business are not demanded by the consumers as they don't have direct utility and need of the capital goods. 



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