Which of the following is a intermediate good?
a. computer installed in a office
b. motorbike purchased by a person
c. cars purchased by a car dealer
d. laptop purchased by a student
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A car purchased by a car dealer (Option C) is an intermediate good.
Explanation:
Intermediate goods are those goods that are purchased either to re-sell or to process further.
Here, the computer installed in the office is meant to be used by the people in the office only, for professional purposes. Similarly, a laptop purchased by a student is meant to be used by the one himself personally, so the bike is.
But, when it comes to the car dealer, he purchases the car to resell it for profits. So, it will be an intermediate good, while the other three falls into the category of final goods.
Therefore, A car purchased by a car dealer (Option C) is an intermediate good.
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