categorise the following into final and intermediate good :
1. machinery purchase by a firm.
2. repairs done to a building.
Dear student,
1. machinery purchase by a firm: Intermediate goods
2. repairs done to a building: Intermediate goods
As the machinery and things purchased for repair and maintenance will be used in production of the final good.
Regards,
1. machinery purchase by a firm: Intermediate goods
2. repairs done to a building: Intermediate goods
As the machinery and things purchased for repair and maintenance will be used in production of the final good.
Regards,