Intermediate goods have a derived demand, while final goods have direct demand
True or False with Reasons
Intermediate goods have a derived demand, while final goods have direct demand.
Anurag Pathak Changed status to publish December 4, 2023
True
Intermediate goods have a derived demand as their demand depends on demand for final goods.
On the other hand, final goods have a direct demand as they satisfy the wants directly.
Anurag Pathak Changed status to publish December 4, 2023
