Purchase of machinery by a producer is an intermediate good. (True or False with Reasons).

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Anurag Pathak30.76K December 5, 2023 0 Comments

Anurag Pathak Changed status to publish December 5, 2023

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Anurag Pathak30.76K Posted December 5, 2023 0 Comments

False,

It is a final good as it is purchased for investment purposes.

Anurag Pathak Changed status to publish December 5, 2023

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