What is meant by intermediate foods explain with example 0?
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An intermediate good is a product used
to produce a final good or finished
product. These goods are sold between
industries for resale or the production of
other goods. One example of an
intermediate good is salt, a product that
is directly consumed but also used to
manufacture food products.
to produce a final good or finished
product. These goods are sold between
industries for resale or the production of
other goods. One example of an
intermediate good is salt, a product that
is directly consumed but also used to
manufacture food products.
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