Intermediate Goods & Services | Definition & Examples

Intermediate Good: Definition and Examples

You must c C reate an account to continue watching

Classify the following items as a final good or service or an intermediate good or service and identify each item as a component of consumption expenditure, investment, or government expenditure on goods and services: ·Airline ticket bought by a student. ·New airplanes bought by Southwest Airlines. ·Cheese bought by Domino's. ·Your purchase of a new iPhone. ·New house bought by Bill Gates. | Numerade

Classify the following into an intermediate good and a final good. Give reasons for your answer. Purchase of machinery for installation in a factory. - Economics | Shaalaa.com

Q. 9 Classify the following as final goods or intermediate good... | Filo