Question

prepare a table to show final goods and intermediate goods.
its important...​

Answer 1

Answer:

Explanation:

(i) Goods purchased by consumer households as they are meant for final consumption (like milk purchased by households).

(ii) Goods purchased by firms for capital formation or investment (like machinery purchased by a firm).

It must be noted that final goods are neither resold nor used for any further transformation in the process of production.