final products

final products

GOODS and SERVICES that are consumed by end-users, as opposed to INTERMEDIATE PRODUCTS that are used as FACTOR INPUTS in producing other goods and services. Thus, purchases of bread count as part of final demand but not the flour used to make the bread.

The total market value of all final products (which corresponds with total expenditure in the NATIONAL INCOME ACCOUNTS) corresponds with the total VALUE ADDED at each product stage for all products in a particular economy.

References in periodicals archive ?
Final products are produced by an intermediate input, and the intermediate input is produced by both labor and capital with a constant returns to scale technology.
This conference will offer a practical approach to the use of polymers in a diverse range of applications, from semiconductor fabrication to final products.
Sometimes, a jaw crusher is followed by a secondary crushing unit and a vibrating screen for the production of one or more smaller final products.
Higgins will ensure the efficient and effective movement of ores, concentrates (including Voisey's Bay), intermediates and final products of nickel, copper, precious metals, acids and liquid S[O.
This is particularly important in a market where thousands of specialized companies provide the pieces of final products such as airplanes, satellites and missiles, according to Bob Jorgensen, a spokesman for the Boeing Company, one of Stellar's many clients.
But separating catalysts from final products typically requires expensive and sometimes-toxic solvents that companies later have to dispose of.
Not only are cruelty-free final products more likely to be "green," but also their production process is inherently more environmentally friendly, since there is no need for contaminated bedding, animal waste or carcasses.
LP30 can also substitute for carbodiimide prepolymers, offering lower viscosity; greater shelf stability, and better properties in final products.
Two castings that meet specification can be exchanged without any problem in most final products, but the lower cost of machining one might more than offset the lower initial cost of the other.
But without film, buyers will have to rely on digital proofs, which do not as closely approximate final products.
Among final products, the slowdown over the year was widespread.

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