Giving reasons, classify the following into intermediate products and final products: (i) Computers installed in an office.
Giving reasons, classify the following into intermediate products and final products:
(i) Computers installed in an office.
(ii) Mobile sets purchased by a mobile dealer.
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(i) Computers installed in an office: Final Product
Reason: Office buy computers as long term durable products and are investment for them.
(ii) Mobile sets Purchased by a Mobile Dealer- Intermediate Products.
Reason: A motile dealer purchases mobile sets for the purpose of reselling in the market to earn profit. That is why it is considered as intermediate products.
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