Classify the following into intermediate products or final products with reasons
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Answers of last activity:
1) computers installed in an office is a final goods because final goods are those goods which are used for consumption.so, in this case computers are used in office.
2) mobile sets are purchased by mobile dealers .so, it is an intermediate goods because mobile dealers purchased goods for resale purpose.and as we know intermediate goods are those goods which are for resale purpose.
Note: kindly post the thread again for remaining questions and get quick assistance from the expert.
Regards
Answers of last activity:
1) computers installed in an office is a final goods because final goods are those goods which are used for consumption.so, in this case computers are used in office.
2) mobile sets are purchased by mobile dealers .so, it is an intermediate goods because mobile dealers purchased goods for resale purpose.and as we know intermediate goods are those goods which are for resale purpose.
Note: kindly post the thread again for remaining questions and get quick assistance from the expert.
Regards