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Are the following statements true or false ? Give reasons. End - use of the goods categorise the goods as intermediate goods and final goods. |
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Answer» Correct Answer - True. If the end-use of the good is for further production or resale , then the good is an intermediate good. However , if it the end-use of the good is consumption or investment , then the good is a final good. True. If the end-use of the good is for further production or resale , then the good is an intermediate good. However , if it the end-use of the good is consumption or investment , then the good is a final good. |
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