single use consumer goods are intermediate goods false.why??
Answers
Explanation:
because single use consumer goods are the good which use at once because it loss it's identity at the time it is use and it help to satisfy human wants it is not an intermediate good because it not purchase for resale or production point of view
Single use consumer goods are considered as part of final consumer goods and not,intermediate goods.
Explanation:
Single goods consumer goods are basically meant for one time or single purchase by the final consumers which can directly fulfill consumer needs and desires.Therefore,these are also meant for direct purchase or consumption.These types of goods are categorized under consumer goods or final goods that are ready for sale in the final consumer market.On the other hand,intermediate goods are commonly identified as factors or inputs of production used in the production of any output(products or services) by the firms,manufacturers or companies.Intermediate goods are converted into final goods or output through production processes.Therefore,these are input goods which are used in production process and not intended for consumer use or for sale in the final consumer market,as in the case of consumer or final goods or single use consumer goods.