Social Sciences, asked by fuzgjb85835, 9 months ago

intermediate goods are used in producing​

Answers

Answered by vermaanya0106
4

Answer:

Intermediate goods are used in the production process to produce a final good or finished product. Industries sell intermediate goods to one another for resale or to produce other goods. When calculating GDP, economists use the value-added approach with intermediate goods to ensure they are not double counted.

hope it helps you

thank you

Similar questions