Question

What is an intermediate good

Answer 1

good that takes part in preparation of final goods is called intermediate goods.

Answer 2

Intermediate goods or producer goodsor semi-finished products are goods which are under processgoods, such as partly finished goods, used as inputs in the production of other goods including final goods. [1] A firm may make and then use intermediate goods, or make and then sell, or buy then use them. In the production process, intermediate goods either become part of the final product, or are changed beyond recognition in the process.[2] This means Intermediate goods are sold among industries for resale.