_____ are purchased for additional processing and resale.

Name: _____ are purchased for additional processing and resale.
Brand: Quizplus
Rating: 4.9 (51 reviews)

Question

Quizplus · Accepted Answer

Intermediate goods and services are purchased to be used as inputs in the production of final goods and services. They are not consumed as final products but are rather used to produce other goods and services. Intermediate goods and services are therefore not sold to final consumers, but rather to firms for additional processing and resale.

_____ Are Purchased for Additional Processing and Resale