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Introduction — Economics STD 12 Commerce — Question

CBSE BoardEnglish MediumSTD 12 CommerceEconomicsIntroduction3 Marks
Question
What is meant by intermediate goods?
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Answer

These are those, which are used for:
  1. Further processing (like sugar used for making sweets).
  2. Resale in the same year (If car purchased by a car dealer for resale).

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