Question

difference between intermediate goods and final goods? ​

Answer 1

Answer:

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 are ready for use by their final users i.e. no value has to be added to the final goods.

Explanation:

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Answer 2

Explanation:

goods which are purchased by the production unit from other production unit and means for resale or for using up completely during the same here are called intermediate goods for raw material

goods which are purchased for consumption and investment Accord final goods

for example

purchase of machinery for installation in factory