Correct & rewrite the question. :-those goods and services are used fo

1.	Correct & rewrite the question. :-those goods and services are used for further production or processing are konwn as final goids & services.
Answer» Answer: Milk PURCHASED by a tea stall is intermediate GOOD as it is used as input in the production PROCESS (b) Bus purchased by a school is a FINAL good as it is investment expenditure and is a capital good. (c) Juice purchased by a student from school canteen is final good as it ends up in final consumption and this is an perfect example of a final good

Correct & rewrite the question. :-those goods and services are used for further production or processing are konwn as final goids & services.

Answer»

Answer:

Milk PURCHASED by a tea stall is intermediate GOOD as it is used as input in the production PROCESS

(b) Bus purchased by a school is a FINAL good as it is investment expenditure and is a capital good.

(c) Juice purchased by a student from school canteen is final good as it ends up in final consumption and this is an perfect example of a final good