What is difference between final goods and intermediate goods? give examples?
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I have attached comparison table ..
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Hope its useful .!
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sujiritha95:
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Explanation:
- goods which are purchased by the production unit from other production unit and means for resale or for using up completely during the same here are called intermediate goods for raw material
- goods which are purchased for consumption and investment Accord final goods
for example
purchase of machinery for installation in factory
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