Example of intermediate goods
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Gaurav Seth 5 years, 2 months ago
Intermediate goods refer to those goods which are used either for resale or for further production in the same year. They are not ready for use in the sense some value has to be added to the intermediate goods. They are still within the production boundary.
two examples of intermediate goods
(i) Milk used in dairy shop for resale; (ii) Coal used In factory for further production.
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