Question

What are final goods and intermidiate goods give example?

Answer 1

Here's the answer


<>An intermediate good is a product used to produce a final good or finished product. These goods are sold between industries for resale or the production of other goods. 

<>Final good is the product that is available in the market for consumers to purchase.

•For example
Wheat flour or sugar produced in a company is used as raw materials in a biscuit producing company. Wheat flour and sugar are intermediate goods and the biscuits produced are the final goods.


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Answer 2

HEYA MATE HERE U GO.

❤. INTERMIDIATE GOODS ❤

These goods are ment for further production.

These are noy included in GDP.

❤. FINAL GOODS ❤

These are used for final consumption.

These are included in GDP