Intermediate goods are always durable in nature. (True or False with Reasons).
Intermediate goods are always durable in nature. (True or False with Reasons).
Anurag Pathak Changed status to publish December 5, 2023
False,
Intermediate goods are generally non-durable in nature. They are the goods used as raw material and they lose their identity in the production process for the creation of a new commodity, during an accounting year.
Anurag Pathak Changed status to publish December 5, 2023