Difference between revisions of "Intermediate marketable"

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An [[intermediate marketable]] is a [[marketable]] provided to other businesses at an intermediate stage of production, not for [[end-user]]s. [[Final marketable]]s are produced for consumption of [[end-user]]s; [[intermediate product]]s are outputs from one department for another department of the same organization.
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An [[intermediate marketable]] is a [[market exchangeable]] provided to other businesses at an intermediate stage of production, not for [[end-user]]s. [[Final marketable]]s are produced for consumption of [[end-user]]s; [[intermediate product]]s are outputs from one department for another department of the same organization.
  
  

Latest revision as of 16:56, 5 May 2023

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."