MyBroadbandâs IT salary survey revealed that the average IT salary (basic salary only) in South Africa is R31,738 per month.
Consumer good. Written By: Consumer good, in economics, any tangible commodity produced and subsequently purchased to satisfy the current wants and perceived needs of the buyer. Consumer goods are divided into three categories: durable goods, nondurable goods, and services. Consumer durable goods have a significant life span, often three years or more (although some authorities classify goods with life spans of as little as one year as durable).
Final Goods : Final goods refer to those goods which are used either for consumption or for investment. Final Goods include: (i) Goods purchased by consumer households as they are meant for final consumption (like milk purchased by households). (ii) Goods purchased by firms for capital formation or investment (like machinery purchased by a firm).