Question

the concept that differentiate intermediate goods and final goods is ________​

Answer 1

Intermediate goods refer to those goods which are used either for resale or for further production in the same year. Final goods refer to those goods which used either for consumption or for investment. They are not ready for use in the sense some value has to be added to the intermediate goods.

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Answer 2

Answer:

Intermediate goods refer to those goods which are used either for resale or for further production in the same year. Final goods refer to those goods which used either for consumption or for investment. They are not ready for use in the sense some value has to be added to the intermediate goods.

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