What are intermediate goods? give one example of intermediate goods.
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Answered by
96
Intermediate goods are the goods produced between the initial goods and the final goods. For example, To make biscuits the initial good / raw material is wheat , from which flour is produced which is then used in the manufacture of biscuits. So here in this example, wheat is the raw material ( initial good ) and biscuit is the final good whereas the flour is intermediate good.
HermioneGranger0:
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Answered by
58
hey friend here is ur answer.
intermediate goods are those goods which are used in producing final goods and services.
EXAMPLES = 1. paddy , rice , yarn , and rubber.
HOPE THIS WILL HELP U .
MARK ME AS BRAIN LIEST.
intermediate goods are those goods which are used in producing final goods and services.
EXAMPLES = 1. paddy , rice , yarn , and rubber.
HOPE THIS WILL HELP U .
MARK ME AS BRAIN LIEST.
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