Question

hey guys how r u pls help me with the question - differentiate between final and immediate goods (4 to 5 points) Right ans will be marked as brainliest​

Answer 1

Answer:

Final goods refer to those goods which are used either for consumption or for investment. Intermediate goods refer to those goods which are used either for resale or for further production in the same year. ... They have a derived demand as their demand depends on the demand for final goods.

Answer 2

Answer:

Intermediate goods refer to those goods which are used either for resale or for further production in the same year. Final goods refer to those goods which used either for consumption or for investment. ... For example, milk purchased by household for consumption.

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