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Read the following extract and answer the questions that follow. Let’s have a look on some essential items that a salon commonly has. These include : chairs, mirrors, shampoos, scissors, hair oil - Economics

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प्रश्न

Read the following extract and answer the questions that follow.

Let’s have a look on some essential items that a salon commonly has. These include : chairs, mirrors, shampoos, scissors, hair oil, hair dryer.

Now, Answer the following questions:

  1. Classify the items into final goods and intermediate goods.
  2. Give one difference between intermediate goods and final goods.
लघु उत्तरीय
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उत्तर

a.

Final Good Intermediate goods
Chairs Shampoos
Mirrors Hair oil
Scissors    
Hair dryer    

b. Final goods are those goods which do not require further processing, while intermediate goods are those goods which are used up in the production process.

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अध्याय 13: Emerging Trends in the Indian Economy - VALUE BASED QUESTIONS [पृष्ठ २०६]

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जे. पी. गोयल और कौशल गोयल Economics [English] Class 9 ICSE
अध्याय 13 Emerging Trends in the Indian Economy
VALUE BASED QUESTIONS | Q 2. | पृष्ठ २०६
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