Question

what are intermediate goods? Explain with suitable examples.​

Answer 1

Answer:

Intermediate goods refer to those goods which are used either for resale or for further production in the same year. They are not ready for use in the sense some value has to be added to the intermediate goods. They are still within the production boundary. For example, coal used in the factory for further production.

Explanation:

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Answer 2

Answer:

An intermediate good is a product used to produce a final good or finished product—also referred to as a consumer good.

Intermediate goods—like salt—can also be finished products, since it is consumed directly by consumers and used by producers to manufacture other food products

Explanation:

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