Question

define intermediate goods and give examples​

Answer 1

Answer:

Intermediate goods are the goods produced between the initial goods and the final goods. For example, To make biscuits the initial good / raw material is wheat , from which flour is produced which is then used in the manufacture of biscuits.

Explanation:

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Answer 2

Answer:

An intermediate good is a product utilized to produce a final good or finished product. These goods are sold between industries for resale or for the production of other goods.

Example of an intermediate good is salt, a product that is directly consumed and is also used to manufacture food products.  and To make biscuits the initial good / raw material is wheat , from which flour is produced which is then used in the manufacture of biscuits.

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