What Are Intermediate Goods Used for?

Open in App

Solution

Intermediate goods are used for preparing final goods. Final goods are directly consumed by the consumers.

Also read:

Difference Between Final Goods and Intermediate Goods

Final Goods

Intermediate Goods

Learn about more questions and answers on business studies and various other commerce topics from our website.

Suggest Corrections

Similar questions

if fnal producer goods are used in the production process, then what is the difference between final producer goods and intermediate goods?

Goods that are used as intermediate goods can never be final goods. Defend or refute this statement.

Join BYJU'S Learning Program