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Why does the "end user" matter in counting something as a final good?

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TeresaSR353

and then user uses the good or service or individuals were involved in the stages of its in design development and production delivery to the end-user is often the final step in manufacturing and selling products references to end users are common in the tech industry the terms and use the refers to the consumer of a good or service often who has some in didn't know how else you need to Consumers

The "end user" matter in counting something as a final good since it is not a final good and GDP only measures the value of final goods, the word "final" in this sentence refers to commodities and services sold to a final consumer.

GDP is the total dollar amount of products and services produced inside a nation's borders during a given time period, usually a year. The rate of GDP growth is a crucial gauge of a nation's economic health.

What do you mean by final good?

Goods that don't need to be processed any further are referred to as final goods. These products usually referred to as consumer goods, are created with the intention of being consumed directly by the final user.

Only the finished items are taken into account when calculating GDP for a specific year because including intermediate goods would lead to overcounting, which would inflate GDP. Because the ownership of the objects is just changing, the GDP does not account for the value of secondhand furniture that is purchased and sold.

Learn more about Final Goods here:

https://brainly.com/question/13447937

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