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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
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 kinds of good are used in the production of final goods?
intermediate goods
Why do economists include only final goods and services in measuring GDP for a particular year?
The dollar value of final goods includes the dollar value of intermediate goods. If intermediate goods were counted, then multiple counting would occur. The value of steel (intermediate good) used in autos is included in the price of the auto (the final product).
What is a good for a bakery?
I think Crumble's bakery!
What is an example of a final good or service?
coffee beans a coffee shop purchases to make coffeethe wheat that a bakery purchases to make breada cake purchased from a bakery for a weddinglumber purchased by a construction company to use in building houses
Is an example of a final good or service?
coffee beans a coffee shop purchases to make coffeethe wheat that a bakery purchases to make breada cake purchased from a bakery for a weddinglumber purchased by a construction company to use in building houses
What would be an example of an intermediate good?
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.
What is a good bakery?
We're on a roll
What are the good morning hours for the local bakery?
The local bakery's good morning hours are typically from 7:00 AM to 10:00 AM.
