Question

define an intermediate good​

Answer 1

$\huge \mathfrak \pink{hello}$

INTERMEDIATE GOODS:

Products that are made during a manufacturing process but that are also used in the production of other goods.

EXAMPLES:

Wood, steel, and sugar are all examples of intermediate goods.”

Answer 2

In Economics,intermediate goods simply refer to the goods and resources that are used or employed in the production of final goods and services to be sold to final consumers in the market.

Explanation:

Intermediate goods are basically parts of factors or inputs of production or raw materials that are used for the production of consumer goods and services to be sold in the final market.These goods and services are part of the Business to business sales or exchange as these are bought and sold between businesses or companies without the involvement of final consumers.Some examples of intermediate goods commonly include cement for building construction,wood for furniture manufacturing or rubber for tire production.