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Can a durable good be an …

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Can a durable good be an intermediate good .give reason for your answer.3 marks

Posted by Varun Ccc 6 years, 7 months ago

CBSE > Class 12 > Economics

1 answers

Satendra Kumar Singh 6 years, 7 months ago

•Durable goods are those goods which can be used for several years and are of relatively high value example :TV, telephone, radio,etc. ; on the other hand •Intermediate goods are those goods which are purchased by one fir from the other for resale or for use as raw materials in the production of other goods example : raw materials, etc. ¤and value is still to be added in intermediate goods but not to be added in durable goods

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