Classify the following as final goods or intermediate goods. (i) Machine purchased by a firm. (ii) Soft drinks purchased by the school canteen. (iii) Clothes purchased by an individual. (iv) Coal purchased by a factory. (v) Electricity consumption in a business. (vi) Book purchased by a student . (vii) Books purchased by a book seller. (viii) Postage stamps purchased by a consumer. (ix) Postage stamps purchased by a business unit. (x) Exhaust fans used for making water coolers. (xi) Seeds purchased by a farmer to produce wheat. (xii) Seeds purchased for kitchen gardening . (xiii) Machines purchased by a dealer of machines. (xv) Sewing machine purchased by a housewife.

Classify the following as final goods or intermediate goods. (i) Machi

1.	Classify the following as final goods or intermediate goods. (i) Machine purchased by a firm. (ii) Soft drinks purchased by the school canteen. (iii) Clothes purchased by an individual. (iv) Coal purchased by a factory. (v) Electricity consumption in a business. (vi) Book purchased by a student . (vii) Books purchased by a book seller. (viii) Postage stamps purchased by a consumer. (ix) Postage stamps purchased by a business unit. (x) Exhaust fans used for making water coolers. (xi) Seeds purchased by a farmer to produce wheat. (xii) Seeds purchased for kitchen gardening . (xiii) Machines purchased by a dealer of machines. (xv) Sewing machine purchased by a housewife.
Answer» Correct Answer - Final Goods : (i) , (iii) , (vi) , (viii) , (xii) , (xiv) , (xv) ; Intermediate Goods : (ii) , (iv) , (v) , (vii) , (ix) , (x) , (xi) , (xiii). Final Goods : (i) , (iii) , (vi) , (viii) , (xii) , (xiv) , (xv) ; Intermediate Goods : (ii) , (iv) , (v) , (vii) , (ix) , (x) , (xi) , (xiii).