examples of intermediate goods
Answers
Explanation:
Steel – a raw material used in the production of many other goods, such as bicycles. Car engines - Some firms make and use their own, others buy them from other producers as an intermediate good, then use them in their own car. Paint, plywood, pipe and tube, and ancillary parts.
Answer:
•Sugar – sugar is used as a final good (when it is sold as sugar in the supermarket) or as an input (when it is used as an ingredient in other food products)
•Steel – a raw material used in the production of many other goods, such as bicycles.
•Car engines - Some firms make and use their own, others buy them from other producers as an intermediate good, then use them in their own car.
•Paint, plywood, pipe and tube, and ancillary parts.
•wood - wood is used in multiple purposes for construction of building or production of furniture
•glass - glass can be used to make dishes, cups, bottles or windows
•salt - salt is used in almost all food production
•silver and gold - silver and gold can be used for production of jewelry or kitchen utensils and even for food decoration or interior design
•An interesting example is the use of chlorine in the production of polyurethane, which contains no chlorine. Rock salt is electrolyzed to produce chlorine, which is reacted with carbon monoxide to give phosgene. Phosgene, a chlorine compound, and a diamine are then reacted to produce a diisocyanate and hydrochloric acid that is neutralized in situ. The chlorine is removed as chloride salt waste. The diisocyanate reacts with a diol to produce polyurethane, which contains no chlorine. Chlorine is used because chlorine is electronegative enough to produce an isocyanate, but does not become a part of the product; it lowers the atom economy.