Intermediate marketable
(Redirected from Intermediate goods and services)
An intermediate marketable is a market exchangeable provided to other businesses at an intermediate stage of production, not for end-users. Final marketables are produced for consumption of end-users; intermediate products are outputs from one department for another department of the same organization.
Definitions
According to Principles of Economics by Timothy Taylor (3rd edition),
- Intermediate goods and services. Output provided to other businesses at an intermediate stage of production, not for final users; contrast with "final goods and services."
