Intermediate example sentences

In the product method, to avoid double counting, we need to deduct the value of intermediate goods and take into account only the aggregate value of final goods and services.Purchase and sale of goods and services in large quantities for the purposes of resale or intermediate use is referred to as wholesale trade.The part of raw material which gets used up is categorised as an intermediate good.The reason is that investment goods remain with the firm, whereas intermediate goods are consumed in the process of production (c) the expenditure that the government makes on the final goods and services produced by firm i.The value of final goods already includes the value of all the intermediate goods that are used in making the final good.We have seen that the raw materials that a firm buys from another firm which are completely used up in the process of production are called 'intermediate goods'.However, since we are dealing with value of output, we should realise that the value of the final goods already includes the value of the intermediate goods that have entered into their production as inputs.Note that 'investment goods' (such as machines) are also part of the final goods – they are not intermediate goods like raw materials.For example, let us say a firm produces Rs 100 worth of goods per year, Rs 20 is the value of intermediate goods used by it during the year and Rs 10 is the value of capital consumption.But why are we to measure final goods only? Surely intermediate goods are crucial inputs to any production process and a significant part of our manpower and capital stock are engaged in production of these goods.However, different plant groups as well as individuals may show different patterns of life cycles – haplontic, diplontic or intermediate.As discussed in the previous section, wholesale trade refers to buying and selling of goods and services in large quantities for the purpose of resale or intermediate use.These are intermediate goods, mostly used as raw material or inputs for production of other commodities.Or the bakers may be selling the bread to a restaurant whose value added will have to be calculated by subtracting the value of intermediate goods (bread in this case).Any other intermediate conformation is called a skew conformation.