Are the following statements true or false ? Give reasons. Intermediat – InterviewSolution

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1.	Are the following statements true or false ? Give reasons. Intermediate goods have a derived demand , while final goods have direct demand.
Answer» Correct Answer - True. Intermediate goods have a derived demand as their demand depends on demand for final goods . On the other hand , final goods have a direct demand as they satisfy the wants directly. True. Intermediate goods have a derived demand as their demand depends on demand for final goods . On the other hand , final goods have a direct demand as they satisfy the wants directly.

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