Which of these is NOT the reason why 'final' goods are called so?
Show answer & explanation
Correct answer: B
Explanation
The correct answer is option 2 i.e. They are the last to be consumed.
The term "final goods" refers to goods that are ready for consumption or use by end-users, representing the end products of the production process.
They are not called "final" because they are the last to be consumed, but rather because they are the ultimate products intended for direct consumption or use.