Which of the following goods needs further transformation in the economic…
2024
Which of the following goods needs further transformation in the economic process?
Answer: C. Intermediate goods — Intermediate goods are goods used in further production or transformation before becoming final goods.
- A.
Consumer durable goods
- B.
Finished goods
- C.
Intermediate goods
- D.
Capital goods
Attempted by 3 students.
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Correct answer: C
Intermediate goods are goods used in further production or transformation before becoming final goods.
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