A good can be an intermediary good in one case and a final good in another case (True or False with Reasons)
A good can be an intermediary good in one case and a final good in another case (True or False with Reasons)
Anurag Pathak Changed status to publish December 5, 2023
True,
A good can be an intermediate good as well as a final good, depending upon its nature of use.
For example, a car purchased by a household is a final good, whereas, it will be an intermediate good if it is purchased by a car dealer.
Anurag Pathak Changed status to publish December 5, 2023
