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correct answer is Factors of production
Goods that are used in a production of other goods. (by Solomon Zelman)
Intermediate goods are used in the production of final goods. They consist of the materials used to create the final product.
Intermediate Goods
Substitutes
correct answer is Factors of production
Goods that are used in a production of other goods. (by Solomon Zelman)
heavy industry.
capital
factors of production
Intermediate goods are used in the production of final goods. They consist of the materials used to create the final product.
Intermediate Goods
CAPITAL GOODS include machinery and tools which are used to produce other products for consumption.They are also refferd as 'means of production' or producers' goods!Capital goods are used to produce other goods and services more efficiently
Human capital
Substitutes
Capital Goods
Capital