Wheat sold to a mill and flour sold to a biscuit maker are examples of:
APublic sector goods
BFree natural goods
CIntermediate goods
DFinal consumer goods
Answer & Solution
Correct answer: C. Intermediate goods
1. They are used up in making biscuits.
2. Only the biscuits reach the consumer.
3. Wheat and flour are intermediate goods.
_Source: syllabus Economics, Understanding Economic Development, Chapter 2, Sectors of the Indian Economy._
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