Question

different b/w intermate & final good​

Answer 1

Answer:

Final Goods Intermediate Goods

Processing needed

Final goods are ready to be consumed and therefore do not require any further processing Intermediate goods require further processing in order to be consumed

Explanation:

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Answer 2

#Final goods

Final goods are referred to as those goods which do not require further processing. These goods are also known as consumer goods and are produced for the purpose of direct consumption by the end consumer.

#Intermediate goods

Intermediate goods are referred to as those goods that are used by businesses in producing goods or services. These goods are also known as producer goods.

In other

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