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26 votes
26 votes
3. Explain why work in progress and intermediate goods are classified as capital goods.​

User Ayeye Brazo
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1 Answer

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16 votes

Answer:

Both intermediate and capital goods are used to produce consumer goods. Also while the intermediate goods are the ingredient of the last product, capital goods are the tools for the things that need to be mixed.

User Noel Chew
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