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Malcolm Walls
Social Studies
13 March, 01:18
What are intermediate goods?
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Alessandro Morton
13 March, 01:20
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Intermediete goods are the goods/services that used in the production of the final goods/finished products. Usually, intermediate goods are sold by one industry to another for the purpose of resale or reproducing the goods.
For example, Gold. Gold is an intermediate goods which become the material in the prodution of a necklace (final goods).
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