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

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

Monjur Alahi

4 views

2025-01-04 04:42

1 Answers

Salim Ahmed Kawsar

Correct Answer - True. Intermediate goods have a derived demand as their demand depends on demand for final goods . On the other hand , final goods have a direct demand as they satisfy the wants directly.
True. Intermediate goods have a derived demand as their demand depends on demand for final goods . On the other hand , final goods have a direct demand as they satisfy the wants directly.

4 views Answered 2023-02-05 15:29

Related Questions

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

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

2 Answers 4 Views

Are the following statements true or false ? Give reasons. In final goods , no value is to be added .

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

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

Are the following statements true or false ? Give reasons. Income tax is a direct tax as its impact and incidence is on the same individual.

2 Answers 4 Views

Are the following statements true or false ? Give reasons. Direct taxes have limited reach as compared to indirect taxes.

2 Answers 4 Views

এক্সাম দিয়ে মেধা যাচাই করুন

Job Preparation (1125)

Admission (754)

এসএসসি (10)

এইচএসসি (5)