what are the final goods and intermediate goods
Answers
Answered by
39
hyy ...
An intermediate good is a product used to produce final good or finished product .
final good is service that that is consumed by the end user and does not require any further processing.
hope it helps!!
============
An intermediate good is a product used to produce final good or finished product .
final good is service that that is consumed by the end user and does not require any further processing.
hope it helps!!
============
Answered by
8
let us take an example :-
for preparation of " dosha"
the materials required for preparing dosha are
➡dosha batter
➡some other ingredients
so here the intermediate goods are dosha batter and other ingredients
final good is dosha
so from this v can say
" the goods or materials required for preparing the product are called as intermediate goods "
the product obtained finally is called final good
for preparation of " dosha"
the materials required for preparing dosha are
➡dosha batter
➡some other ingredients
so here the intermediate goods are dosha batter and other ingredients
final good is dosha
so from this v can say
" the goods or materials required for preparing the product are called as intermediate goods "
the product obtained finally is called final good
Similar questions