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Which of the following products are intermediate products and final products? Give suitable reasons 1. Wheat and rice purchased by households 2. Purchase of ticket for train journey by an individual 3. Purchase of a car by an employer for office use by his employees

Posted by Palak Chaudhary 2 weeks, 2 days ago

CBSE > Class 12 > Economics

2 answers

Mr Thunder 1 week, 4 days ago

1. Wheat and rice purchased by households: - Intermediate products: They undergo further processing before becoming final food products. 2. Purchase of ticket for train journey by an individual: - Final product: Represents the consumption of train transportation service. 3. Purchase of a car by an employer for office use by his employees: - Intermediate product: Bought for further use within the organization, serving as transportation for employees.

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Rajat Thakur 2 weeks, 1 day ago

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