मराठी

Should the Following Be Treated as Final Expenditure Or Intermediate Expenditure? Give Reasons for Your Answer. (I) Purchase of Furniture by a Firm. (Ii) Expenditure on Maintenance by a Firm. - Economics

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प्रश्न

Should the following be treated as final expenditure or intermediate expenditure? Give reasons for your answer.

(i) Purchase of furniture by a firm.

(ii) Expenditure on maintenance by a firm.

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उत्तर

(i) Expenditure made on the purchase of furniture by a firm is a final expenditure as it is purchased by the firm for long-term investment.

(ii) Expenditure on maintenance by a firm is an intermediate expenditure. This is because such expenditure is made to enhance the already existing operations of the firm.

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Conditions of Consumer's Equilibrium Using Marginal Utility Analysis
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2011-2012 (March) All India Set 1
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