define intermediate goods
Answers
Answered by
2
Answer:
Intermediate goods, producer goods or semi-finished products are goods, such as partly finished goods, used as inputs in the production of other goods including final goods. A firm may make and then use intermediate goods, or make and then sell, or buy then use them.
Hope it will help you
Answered by
1
Answer:
The goods which are used to produce finished goods are known as intermediate goods.
Similar questions