List - I | List - II | ||
(A) | Raw Material | (I) | Capital Goods |
(B) | Machines used in Production | (II) | Final Goods |
(C) | Bread used by a Consumer | (III) | Intermediate Goods |
(D) | Services used by Consumer | (IV) | Consumer Goods |
List - I | List - II |
---|---|
(A) Normal goods | (I) These goods are consumed together |
(B) Inferior goods | (II) Demand for the good decreases as income of the consumer increases |
(C) Substitute goods | (III) These goods are used in place of each other |
(D) Complementary goods | (IV) Demand for the good increases as income of consumer increases |