compare between final goods and intermediate goods?
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Final Goods Intermediate Goods
Final goods are those goods that are manufactured to be consumed directly by the consumer Intermediate goods are referred to as those goods that are used for producing final goods
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intermediate goods vs final goodsIntermediate goods are goods which are used as a factor of production to produce goods which have the ability to satisfy wants. For this purpose, they undergo the production process. On the contrary, final goods are the goods which are readily available to sale, to the ultimate consumer of the product.
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