A good that is purchased for resale or for use in producing other goods is:

Name: A good that is purchased for resale or for use in producing other goods is:
Brand: Quizplus
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Question

Quizplus · Accepted Answer

An intermediate good is a good that is purchased for resale or for use in producing other goods. Final goods are those goods that are purchased by the end consumer for final consumption. Inventory goods refer to goods that are held in stock by firms to meet future demand. Ultimate good is not a common term used in economics.

A Good That Is Purchased for Resale or for Use