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producta generic term which covers both GOODS and SERVICES. Final products are goods and services which are purchased by consumers, while intermediate products are goods and services which are used by producers as factor inputs in producing other goods and services. See MARKETING MIX.
Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson
producta generic term covering both GOODS and SERVICES.
Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005