Intermediate products, Microeconomics

Intermediate Products: Products (which includes both services and goods) that aren't produced in order to be consumed, but somewhat are produced in order to be used in the production of some other service or good. Raw materials and capital goods are illustrations of intermediate products.

Posted Date: 8/26/2013 3:00:11 AM | Location : United States







Related Discussions:- Intermediate products, Assignment Help, Ask Question on Intermediate products, Get Answer, Expert's Help, Intermediate products Discussions

Write discussion on Intermediate products
Your posts are moderated
Related Questions
explain slutsky theorm with graphical representation

Explanatory research is research conducted in order to describe any behavior in the market. It could be done by using questionnaires, group discussions, random sampling,  interview


Q. What is working of world Bank? An international financial organization formed after World War II and based in Washington D.C. Its supposed purpose is to promote economic dev

a) Explain the perverse incentive. b) What makes the incentive perverse? c) How could the incentive makers better the incentive?

draw the supernormal curve

Explain about the duality between direct and indirect utility. Duality between Direct and Indirect Utility: While seen how one can recover an indirect utility function by ob

Q. Explain the Post-Keynesian Economics? Post-Keynesian Economics: A modern heterodox school of economic thought that emphasizes more radical or non-neoclassical aspects of Joh

which is the following is an example of a firm''s derived demand?

Explain the difference between elastic and fixed supply