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Which of following is not an intermediate goods ?
Wheat
Gold
Serice of Doctor
Sand and Bricks
Let’s break each option down for clarity:
- Wheat: This is usually an intermediate good because it's bought by flour mills or bakeries to turn into flour or bread—so it’s not directly for final consumption.
- Gold: Here’s the thing—gold usually isn’t an intermediate good. People buy gold as jewelry, for investment, or sometimes as a final product (like coins). So, it often counts as a final good.
- Service of Doctor: This definitely isn’t an intermediate good. When you pay for a doctor visit, that’s the end use of the service. There’s no further transformation or resale.
- Sand and Bricks: These are classic intermediate goods, mainly bought by construction companies to build houses, roads, etc.—not for your living room shelf.
The takeaway: Among the options, the service of a doctor isn’t an intermediate good. That one stands apart.
By: santosh ProfileResourcesReport error
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