Question

Machine purchased is always a final good do you agree give reasons for your answer

Answer 1

Machine purchased is always a final good.” Do you agree? Give reasons for your answer. Ans: No, it is not necessary

Answer 2

No, it is not necessarily that Machines purchased is always a final good. At one place it may be an intermediate good and at another place it may be a final good. For example a refrigerator bought by a shopkeeper for resale or by a retailer for cold-drink is an intermediate good while as the same good bought by a household is a final good.