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Demand for intermediate consumption arises in

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Economics
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Demand for intermediate consumption arises in

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Correct Answer: Option D
Demand for intermediate consumption arises in all producing sectors of the economy. Intermediate consumption is a national accounts concept which measures the value of the goods and services consumed as inputs by a process of production.
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Sumitra Jnyan
Sumitra Jnyan 8 years ago
Intermediate consumption refers to the use of intermediate goods/ semi-finished goods for give them new form/ new shape, it is used in all the production units...... Ex: Plastic, Iron, Floor, sugar, steel, plywood and engine etc.
Sumitra Jnyan
Sumitra Jnyan 8 years ago
Intermediate consumption refers to the use of intermediate goods/ semi-finished goods for give them new form/ new shape, it is used in all the production units...... Ex: Plastic, Iron, Floor, sugar, steel, plywood and engine etc.
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