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Are the following statements true or false ? Give reasons. Intermediate goods have a derived demand , while final goods have direct demand. |
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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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