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Define intermediate goods

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Define intermediate goods

    • Posted by Taijasi Tiwari 5 years, 8 months ago

    CBSE > Class 10 > Social Science
    • 1 answers

    Asmilo Hall 5 years, 8 months ago

    Intermediate goods, producer goods or semi-finished products are goods, such as partly finished goods, used as inputs in the production of other goods including final goods. A firm may make and then use intermediate goods, or make and then sell, or buy then use them.

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