Giving reasons classify the following into intermediate products and final products: |
(i) Computers installed in an office. |
(ii) Mobile sets purchased by a mobile dealer. |
Answer:
(i) Computers installed in an office is a final product as they are used by the office for final consumption purposes and does not undergo any further processing. (ii) Mobile sets purchased by a mobile dealer are intermediate products as they are purchased by the dealer for resale in the market.
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