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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Definition of final good (service): A good or service that is consumed by the end user and does not require any further processing. See also intermediate good.
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Definition of final good/service: A good or service purchased directly by the consumer, as opposed to intermediate goods and services which are required for ...
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2 This contrasts with a zero rated status, whereby no VAT is payable on the final good/ service, but the supplier qualifies for credits in respect of VAT paid for the ...
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Jul 19, 2009 ... http://www.businessdictionary.com/definition/final-good-service.html. Final (aka: end-use) products are complete entities (“goods”),ready to be ...
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The meaning of a "final" good/service is a bit hazy, what does it mean exactly? E.g. my bed provides a good night's sleep which allows me to get up in the ...