difference between final goods and intermediate goods
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Final goods refer to those goods which are used either for consumption or for investment. Intermediate goods refer to those goods which are used either for resale or for further production in the same year. ... They have a derived demand as their demand depends on the demand for final goods.
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Final goods refer to those goods which are used either for consumption or for investment. Intermediate goods refer to those goods which are used either for resale or for further production in the same year. ... They have a derived demand as their demand depends on the demand for final goods.
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