Are Intermediate Goods Always Durable in Nature?

Open in App

Solution

Intermediate goods are not durable in nature as they are used as raw materials for production of final goods and therefore lose their identity during the production process.

Suggest Corrections

Similar questions

Are Intermediate Goods Non-durable?

how are final goods different from intermediate goods?why only value of final goods is included in the estimation of gdp?

Join BYJU'S Learning Program