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An example of an intermediate good is steel used in the manufacturing of cars. Steel is not sold directly to consumers but is instead transformed into finished products, such as vehicles, through further processing and assembly. This distinguishes it from final goods, which are ready for consumer use.

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1mo ago

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How would you use the word intermediate in a sentence?

Example: The boy was competing at an intermediate level of hockey


What is an example of an intermediate good and how does it contribute to the production process?

An example of an intermediate good is steel used in the manufacturing of cars. Intermediate goods are products that are used in the production of other goods or services. In this case, steel is essential in the production process of cars as it is used to make the car's frame, body, and other components. Without steel, the production of cars would not be possible, highlighting the crucial role of intermediate goods in the production process.


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.


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An example of an intermediate good is steel, which is used in the production of automobiles. While steel itself is not sold directly to consumers, it is a crucial component in the manufacturing process of finished products like cars. Other examples include flour used in baking or plastic used in packaging. These goods are essential for further processing or manufacturing before reaching the end consumer.


What is a sentence with intermediate?

The word intermediate means in between, or in the middle. For example, "my children will attend the intermediate school next year".


Is car purchased by a taxi driver is final or intermediate good?

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Is wilson a good golf ball brand?

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