Question

differentiate between final goods and intermediate goods?​

Answer 1

differentiate between final goods and intermediate 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 are referred to as those goods that are used by businesses in producing goods or services.

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Answer 2

Answer:

those goods that are used by businesses in producing goods or services

Explanation:

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 are referred to as those goods that are used by businesses in producing goods or services .