Question

Write examples of intermediate goods.​

Answer 1

Examples of Intermediate Goods

Steel used in production of cars

Wood used in furniture like sofa, dining table and so on.

Glass used for making spectacles

Vegetables used by restaurant owner

Gold and silver used for making ornaments

Cotton used for making clothes. As one can see same product can be semi finished for one and finished for other and hence one should be careful in classifying product

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Answer 2

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