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Class 12 · Economics · Medium

If the value of a good gets included in the next product during production, what will it generally be?

Class 12 · Economics · Medium

What is the most correct meaning of intermediate consumption?

Class 12 · Economics · Medium

Why is the value of final goods considered more suitable in national income?

Class 12 · Economics · Medium

What is the correct classification of medicine and X-ray machine used in a hospital?

Class 12 · Economics · Medium

In which situation will wheat be considered an intermediate good?

Class 12 · Economics · Medium

In which situation will wheat be considered a final good?

Class 12 · Economics · Medium

On what basis will a computer be treated as an intermediate good?

Class 12 · Economics · Medium

On what basis will a computer be treated as a consumption good?

Class 12 · Economics · Medium

On what basis will a computer be treated as a capital good?

Class 12 · Economics · Medium

Which option gives a correct pair of consumption goods?

Class 12 · Economics · Easy

Which option gives a correct pair of capital goods?

Class 12 · Economics · Medium

Which option gives a correct pair of intermediate goods?

Class 12 · Economics · Medium

Which value is given importance in the final goods method?

Class 12 · Economics · Medium

Why are intermediate goods important in the value added method?

Class 12 · Economics · Medium

If the same finished good is bought by the final customer, what will it become?

Class 12 · Economics · Medium

Finished goods kept by a shopkeeper for sale will be what type?

Class 12 · Economics · Medium

Electricity used at home will be considered what type?

Class 12 · Economics · Medium

Electricity used for production in a factory will be considered what type?

Class 12 · Economics · Medium

In which option are both goods correctly classified?

Class 12 · Economics · Medium

Which option is a correct example of a final good?