Business, Legal & Accounting Glossary
A good or service purchased directly by the consumer, as opposed to intermediate goods and services which are required for production of other goods and services. Final goods and services are the output of production processes, and demand for these goods and services is directly determined by consumer need or preference.
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Definitions for Final Good/Service are sourced/syndicated and enhanced from:
This glossary post was last updated: 20th November, 2021 | 0 Views.