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Are the following statements true or false ? Give reasons. A good can be intermediary good in one case and a final good in another case. |
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Answer» Correct Answer - True. A good can be intermediate good as well as a final good , depending upon its nature of use. For example , a car purchased by a household is a final good , whereas , it will be an intermediate good if it is purchased by a car dealer. True. A good can be intermediate good as well as a final good , depending upon its nature of use. For example , a car purchased by a household is a final good , whereas , it will be an intermediate good if it is purchased by a car dealer. |
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