Question

Classify the following into intermediate goods and finals goods.

1 Curtain cloth purchased by a household
2 Machinery installed in an office
3 Ceiling fan purchased by a tailor in his shop
4 Chalks, dusters purchased by a school
5 A tractor used in farming

Answer 1

Answer:

1: Curtain cloth purchased by a household: finals goods

2. Machinery installed in an office:- Final good.

Answer 2

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1) Curtain cloth purchased by a household

➡ Intermediate Goods.

2) Machinery installed in an office.

➡ Finals Goods.

3) Ceiling fan purchased by a tailor in his shop.

➡ Finals Goods.

4) Chalks, dusters purchased by a school.

➡ Finals Goods.

5) A tractor used in farming.

➡Intermediate Goods.

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