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Grade 8Physical Chemistry

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

Profile image of Shamit Jain
5 Years agoGrade 8
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1 Answer

Profile image of ankit singh
5 Years 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.