intermediate good definition

intermediate good

Material or item that is a final-product of a process, but is also used as an input in the production process of some other good. For example, sugar is consumed directly as well as in the manufacture of food products. See also intermediate product.

intermediate good is in the Economics, Politics, & Society and Industries, Manufacturing, & Technology subjects.

intermediate good appears in the definitions of the following terms: final good (service), intermediate product and producer price index (PPI)

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