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Fertilizer purchased by a farmer is considered an intermediate good because it is used in the production of agricultural products, such as crops. However, it is not a final good since it does not directly provide utility to consumers; instead, it contributes to the production process. In economic terms, intermediate goods are those that are used to produce final goods or services, while fertilizers fit this definition by being essential in enhancing crop yield before harvesting.
What else can I help you with?
Is car purchased by a taxi driver is final or intermediate good?
intermediate good
Is bread a final good or intermediate good as far as making sandwiches?
if the final good is the sandwich, bread is a component: therefore an intermediate good
Is crude oil is an intermediate good?
Yes
What is the distinction between an intermediate good and a final good in the context of economic production and consumption?
An intermediate good is a product used in the production of another good, while a final good is a product that is consumed by the end user. Intermediate goods are not sold directly to consumers, but are used in the production process to create final goods that are sold to consumers for consumption.
What kinds of good are used in the production of final goods?
intermediate goods
Is car purchased by a taxi driver is final or intermediate good?
intermediate good
Is horse manure pois onous?
no peole use it on roses as it is a good fertiliser
Is bread a final good or intermediate good as far as making sandwiches?
if the final good is the sandwich, bread is a component: therefore an intermediate good
What is a good cat for intermediate owners?
A kitten is the best cat for intermediate owners.
What to do to conserve nature?
something good no keep feeding them water and give them fertiliser and plenty of sun
Is flour sold to a bakery a final good or intermediate good?
It would be an intermediate good because it will be used in the production of baked goods. It is only a final good if it is not part of the production process of something.
Is crude oil is an intermediate good?
Yes
How do you make saltpeter on Doodle God?
to make saltpetre all you need to use is limestone and fertilizer good luck with the rest of the good =^[)
What is the code for farm dollars on good game farmer?
how to get more farmdollars at goodgame farmer
Difference between expenditure on final goods and expenditure on intermediate goods?
The difference between intermediate goods and final goods is in their nature. Intermediate goods are finished goods which can be used to make other good like wool. The final goods are sold to consumers like a woolen coat.
What is the distinction between an intermediate good and a final good in the context of economic production and consumption?
An intermediate good is a product used in the production of another good, while a final good is a product that is consumed by the end user. Intermediate goods are not sold directly to consumers, but are used in the production process to create final goods that are sold to consumers for consumption.
What is a good stranger and farmer riddle?
Stranger: Does your dog bite?Farmer: Nope.All of the sudden the dog bites the stranger on the leg. Yet the farmer was telling the truth. How can this be?Answer: It was not the farmer's dog!
