Difference between revisions of "Intermediate marketable"

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Revision as of 10:32, 9 December 2020

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."

Definition

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."