Goods that are produced by one firm for use in further processing by another firm is...

Goods that are produced by one firm for use in further processing by another firm is

Select one:

a. Intermediate Goods
b. Natural Goods
c. Disposable Goods
d. All of Above

Solutions

Expert Solution

The disposable goods are those goods which is intended to use for a short period of time or single use, examples such as disposable glasses , plates etc....

The intermediate goods is used to produce the final goods and services , it is used as an input to produce the final goods. Due to the fact that, the value of the intermediate goods cannot be counted into GDP.

Ans: a). Intermediate goods.

Rahul Sunny answered 1 year ago

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