What does final good mean?

Definitions for final good
fi·nal good

This dictionary definitions page includes all the possible meanings, example usage and translations of the word final good.


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Wikipedia

  1. Final good

    A final good or consumer good is a final product ready for sale that is used by the consumer to satisfy current wants or needs, unlike a intermediate good, which is used to produce other goods. A microwave oven or a bicycle is a final good, but the parts purchased to manufacture them are intermediate goods. When used in measures of national income and output, the term "final goods" includes only new goods. For example, gross domestic product (GDP) excludes items counted in an earlier year to prevent double counting based on resale of items. In that context, the economic definition of goods also includes what are commonly known as services. Manufactured goods are goods that have been processed in any way. They are distinct from raw materials but include both intermediate goods and final goods.

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Numerology

  1. Chaldean Numerology

    The numerical value of final good in Chaldean Numerology is: 3

  2. Pythagorean Numerology

    The numerical value of final good in Pythagorean Numerology is: 2

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"final good." Definitions.net. STANDS4 LLC, 2024. Web. 1 May 2024. <https://www.definitions.net/definition/final+good>.

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