In: Economics
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
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.