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Distinguish between intermediate product and final …

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Distinguish between intermediate product and final product giving suitable example in support of your answer

Posted by Yoshita Sharma 6 years, 6 months ago

CBSE > Class 12 > Economics

2 answers

Chahat Dudeja 6 years, 6 months ago

a car purchased by dealer is intermediate good because it is purchased for resale but on the other hand car purchased by household is final good..

Chandan Garg 6 years, 6 months ago

Intermediate product are those product which are used for further production and are purchased by one firm from other. eg.raw material, fruits for juice making firm Final goods are goods which have crossed boundary line of production or we say can't be resold or re manufactured eg. Any packed thing , notebook for customer

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