Intermediate goods are used in producing______
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Meghna Thapar 5 years, 6 months ago
“Products that are made during a manufacturing process but that are also used in the production of other goods. Wood, steel, and sugar are all examples of intermediate goods.” An intermediate good is a product utilized to produce a final good or finished product. These goods are sold between industries for resale or for the production of other goods. One example of an intermediate good is salt, a product that is directly consumed and is also used to manufacture food products.
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