What is meant by intermediatery goods?
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An intermediate good is a product used to produce a final good or finished product—also referred to as a consumer good. ... Intermediate goods are sold between industries for resale or the production of other goods hope it helps u mark as brainliest ✌✌️
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An intermediate good is a product used to produce a final good or finished product—also referred to as a consumer good. ... Intermediate goods are sold between industries for resale or the production of other 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.
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