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WAEC SSCE - Economics - 2007 (Objective)

Question 1 Report

An example of a producer goods is a
Answer Details
A producer good is a type of good that is used to produce other goods and services rather than for consumption. An example of a producer good is a hammer, as it is a tool used by workers to produce other goods such as furniture, buildings, or machinery.
Read lesson note on Factors Of Production And Their Theories (JAMB)
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