End-use of the goods categorise the goods as intermediate goods and final goods. (True or False with Reasons).
End-use of the goods categorise the goods as intermediate goods and final goods. (True or False with Reasons).
Anurag Pathak Changed status to publish December 5, 2023
True,
If the end-use of the good is for further production or resale, then the good is an intermediate good. However, if the end-use of the good is consumption or investment, then the good is a final good.
Anurag Pathak Changed status to publish December 5, 2023
