Book purchased by a book seller is it a final or intermediate good?
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Answered by
1
Answer:
Final good.
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Answered by
2
Answer:
it depends upon end use of goods weather the goods are intermediate or final goods
But in the given case book purchased by book seller is not necessarily final or intermediate it depends upon end use.
1.) if seller purchase book for self use it is final good.
2.) And if seller purchase good for the purpose of further sale i.e. by adding profit margin or as the case may be is intermediate good.
I hope it's clear to you ☺️
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