question_answer

Giving reasons classify the following into intermediate products and final products:

(i) Furniture purchased by a school.

(ii) Chalks, dusters, etc, purchased by a school.

Answer:

(i) Furniture purchased by the school is a final product as it is used by the school for final consumption purposes and does not undergo any farther processing.

(ii) Chalks, dusters, etc, are intermediate product as they are used is the process of teaching service in a school.