What is intermediate good
CBSE, JEE, NEET, CUET
Question Bank, Mock Tests, Exam Papers
NCERT Solutions, Sample Papers, Notes, Videos
Posted by Takhe Kobin 5 years, 8 months ago
- 5 answers
Komalpreet Kaur 5 years, 8 months ago
Yogita Ingle 5 years, 8 months ago
Goods which are within the boundary line of production with it value yet to be added and are unavailable for uses by their final users are called intermediate goods.
These goods are consumed by another firm and are used as intermediate goods in the production process or for further sale. For example, papers purchased by newspaper agency for printing news are intermediate goods.
Value of intermediate goods is merged with the value of final goods. Here the value of intermediate good is not included in the estimation of national income.
Lunatic .. 5 years, 8 months ago
Test
Related Questions
Posted by Niyati Garg 1 year, 4 months ago
- 0 answers
Posted by Shruti Singh 1 year, 5 months ago
- 0 answers
Posted by Dipika Sharma 1 year, 4 months ago
- 0 answers
Posted by Naman Jain 1 year, 4 months ago
- 1 answers
Posted by Mehar Ansari 1 year, 5 months ago
- 0 answers
Posted by Nandita Sharma 1 year, 5 months ago
- 1 answers
Posted by Rijum Karlo 1 year, 4 months ago
- 0 answers
myCBSEguide
Trusted by 1 Crore+ Students
Test Generator
Create papers online. It's FREE.
CUET Mock Tests
75,000+ questions to practice only on myCBSEguide app
Lovely Dhawan 5 years, 8 months ago
0Thank You