Which of the following goods are usually intermediate goods and which are usually final goods?     a. Running shoes:      b. Cotton fibers:      c. Watches:      d. Textbooks:      e. Coal:      f. Sunscreen lotion:      g. Lumber:

Which of the following goods is final goods?(i) Cloth used for making a sofa-set by the carpenter(ii) Purchase of rice by a grocery shop(iii) Machine purchased by a dealer.(iv) Clothes used by the householdsChoose the options belowOnly (i)Only (iv)(i), (ii) and (iii)(ii), (iii) and (iv)

In economic terms, what do we mean by ‘Intermediate Goods’ ?Goods sold between industries for resale or production of other goods. Goods in transit before reaching the consumers. Price of goods without GST. Fixed assets used by manufacturers.

Which of the following is an intermediate good?Multiple Choicethe purchase of fuel for a 4x4 trip to Botswana.the purchase of netball uniforms by a netball team.the purchase of a pizza by a university student.the purchase of jogging shoes by a professor

Which of the following would be considered merchandise inventory?Multiple choice question.Raw materialsPurchased finished goodsWork in processCost of goods sold

Which one of the following is an intermediate expenditure? [1](a) Expenditure on maintenance by a firm(b) Purchase of furniture by a firm(c) Purchase of tractor by a farmer