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| 1. |
Intermediate goods are used in producing______ |
| Answer» “Products that are made during a manufacturing process but that are also used in the production of other\xa0goods. Wood, steel, and sugar are all\xa0examples\xa0of\xa0intermediate goods.”\xa0An\xa0intermediate good\xa0is a product utilized to produce a final\xa0good\xa0or finished product. These\xa0goods\xa0are sold between industries for resale or for the production of other\xa0goods. One example of an\xa0intermediate good\xa0is salt, a product that is directly consumed and is also used to manufacture food products. | |