difference between intermediate goods and 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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Intermediate goods
Goods which have not cross the boundary and which are not ready to use by final consumer.
Final goods
Goods which have crossed the boundary line of production and are ready to use by final consumer.
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