Are the following statements true or false ? Give reasons. Butter is only a final product.
Are the following statements true or false ? Give reasons.
Butter is only a final product.
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Correct Answer - False. It depends on the end use of butter . If butter is purchased by a household, then it is a final good. However , if it is purchased by a bakery shop for making cakes , then it is an intermediate good.
False. It depends on the end use of butter . If butter is purchased by a household, then it is a final good. However , if it is purchased by a bakery shop for making cakes , then it is an intermediate good.
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