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Which of the following is an example of an intermediate goods? A Car sold by a dealer of second hand cars B Steel and cement used to construct a flyover C Fertilizers purchased by a farmer D All the these

Which of the following is an example of an intermediate goods? 

A

Car sold by a dealer of second hand cars

B

Steel and cement used to construct a flyover

C

Fertilizers purchased by a farmer

D

All the these

 

Grade:8

1 Answers

ankit singh
askIITians Faculty 614 Points
8 months ago

 

All of the following are examples of an intermediate good:
a) Car sold by a dealer of second hand cars: It is an intermediate good since cars are purchased by a dealer as goods for resale.
b) Steel and cement used to construct a flyover: It is an intermediate good since steel and cement are used as a raw material.
c) Fertilizers purchased by a farmer: It is an intermediate good since fertilizers is used as a raw material in agriculture.

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