To register a mobile number with the Lancaster County Emergency Notification System, please click the banner below. This is not an update, but a part of the Emergency Notification System that is already in place. The system currently has no cell phone information as only landline phone numbers are listed.
(January 2014). In economics, any commodity which is produced and subsequently consumed by the consumer, to satisfy its current wants or needs, is a consumer good or final good. Consumer goods are goods that are ultimately consumed rather than used in the production of another good. For example, a microwave oven or a bicycle which is sold to a consumer is a final good or consumer good, whereas the components which are sold to be used in those goods are called intermediate goods. For example, textiles or transistors which can be used to make some further goods.
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).