Paper purchased by a publisher is ________.(intermediate good / final good /consumer good / service), Fill in the blank with appropriate alternative given in the bracket.
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The paper published by a publisher is intermediate goods.
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here's your answer
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The paper published by a publisher is intermediate goods.
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Hope it helps you
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Paper purchased by a publisher is intermediate good.
* Intermediate goods are the ones which are required for the production of final goods and thereby forms an intermediate in the production process.
* A particular business enterprise can either make the intermediate good or purchase it from the market directly.
* In this case, the paper is an intermediate good because it is used for writing in order to produce the final book or magazine.
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