Intermediate goods are those goods that help to complete the other goods ie. as supporting goods. Intermediate goods meant for resale. Intermediate goods are used for further processing or resale. …
Capital goods are physical assets that a company uses in the production process to manufacture products and services that consumers will later use. Example- Capital goods include buildings, machinery, equipment, …
Goods like food and clothing and services like recreation that are consumed when purchased by their ultimate consumers are called consumption goods or consumer goods. (This also includes services that …
![Final Goods – Meaning, Example and more [Economics Term] [Commerce Achiever]](https://i1.wp.com/commerceachiever.com/wp-content/uploads/2021/02/final-goods-meaning.png?fit=1080%2C1080&ssl=1)
A final good is an item produced for direct use by end consumers. Final goods are also referred to as consumer goods.” Refers to any commodity that a company produces and a consumer …
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