Give any three example of goods which are treated as final goods somewhere at the same time as intermediate goods somewhere.
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Explanation:
Final goods consist of the following: Goods that are purchased by the households are meant for the final consumption. For example, television, milk, ready to eat foods, medicines, and more. It also consists of the goods that are purchased by the firms for investment purposes or for capital formation
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1
Answer:
A final goods or consumer goods is a commodity that is used by the consumer to satisfy current wants or needs, unlike intermediate goods which is utilized to produce another goods. A microwave oven or a bicycle is a final good, whereas the parts purchased to manufacture it are intermediate goods.
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