Question

Differences blue final good and intermediate goods​

Answer 1

Intermediate goods are goods which can be used as raw materials for the production of other goods. Final goods are the goods ready for sale to the ultimate consumer, to satisfy their wants. It is used by the firms to resell them, to generate profit. It is used for final consumption or capital formation.

Answer 2

Answer:

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Explanation:

Intermediate goods are goods which can be used as raw materials for the production of other goods. Final goods are the goods ready for sale to the ultimate consumer, to satisfy their wants. It is used by the firms to resell them, to generate profit. It is used for final consumption or capital formation.