Question

justify the statement what matters is the end use of goods​

Answer 1

Answer:

End-use of the goods is thee principle for classifying the goods as intermediate goods and final goods. If the good is used by the producers as a raw material or for resold, it is to be treated as an intermediate good and if the good is purchased by the consumer households, it is to be considered as a final good. For example: If milk is sold to the dairy farmers in a village, it is to be treated as intermediate goods and the part of milk sold to consumer households should be treated as a final good.