Which among the following are final goods and which are intermediate goods ? Give reasons. (a) Milk purchased by a tea stall. (b) Bus purchased by a s

Question

Which among the following are final goods and which are intermediate goods ? Give reasons. (a) Milk purchased by a tea stall. (b) Bus purchased by a s

Which among the following are final goods and which are intermediate goods ? Give reasons.
(a) Milk purchased by a tea stall.
(b) Bus purchased by a school.
(c) Juice purchased by a student from the school canteen.

Monjur Alahi

4 views

2025-01-04 04:42

1 Answers

Related Questions

The de-Broglie wavelength of a bus moving with speed v is `lambda`. Some passengers left the bus at a stopage. Now, when the bus moves with twice its

2 Answers 4 Views

Classify the following as final goods or intermediate goods. (i) Machine purchased by a firm. (ii) Soft drinks purchased by the school canteen. (iii)

2 Answers 8 Views

Are the following statements true or false ? Give reasons. Intermediate goods have a derived demand , while final goods have direct demand.

2 Answers 4 Views

Are the following statements true or false ? Give reasons. End - use of the goods categorise the goods as intermediate goods and final goods.

2 Answers 4 Views

Are the following statements true or false ? Give reasons. Final goods include only those goods which are consumed by the households.

2 Answers 4 Views

Are the following statements true or false ? Give reasons. All purchased by a production unit from other production units are intermediate products.

2 Answers 6 Views

Goods purchased for the following purpose are final goods : (choose the correct alternative )

2 Answers 4 Views

Distinguish between intermediate products and final products . Give examples. OR Explain the basic of classifying goods into intermediate and final go

2 Answers 4 Views

Define intermediate goods and final goods . Can milk be an intermediate good ? Give reasons for your answer. Hint for `2^(nd)` Part : Milk purchased b

2 Answers 4 Views

Arrange the following in proper order: Selling milk products in the market. Obtaining milk and selling milk.

2 Answers 5 Views

Salim Ahmed Kawsar · Accepted Answer · 2023-02-05T15:29:48+06:00

Correct Answer - (a) It is an intermediate good as milk is purchased by a tea stall for further production .
(b) It is a final good as bus is treated as an investment for the school.
(c) It is a final good as juice purchased by a student is meant for consumption purpose.
(a) It is an intermediate good as milk is purchased by a tea stall for further production .
(b) It is a final good as bus is treated as an investment for the school.
(c) It is a final good as juice purchased by a student is meant for consumption purpose.