Choose the correct statements:

(A) Intermediate goods are used as raw materials or inputs for production of other commodities.

(B) Consumer goods are consumed when purchased by their ultimate consumers.

(C) Intermediate goods crossed production process boundary.

(D) Capital goods have a durable character which are used in the production process.

Option 1 -> Statements A, B, and D are correct. Statement A correctly defines intermediate goods as inputs in production. Statement B accurately describes consumer goods as final consumption items. Statement D correctly characterizes capital goods as durable production assets. However, Statement C is incorrect because intermediate goods are within the production boundary, not crossed it.

Option 2 -> This option incorrectly includes Statement C, which is false as intermediate goods remain within the production boundary.

Option 3 -> This option incorrectly includes Statement C, which is false.

Option 4 -> This option incorrectly excludes Statement A (which is correct) and includes Statement C (which is incorrect).

Hence, Option 1: (A), (B) and (D) only -> Statement A is correct as intermediate goods are indeed raw materials/inputs for further production. Statement B is correct as consumer goods are final goods consumed by end users. Statement D is correct as capital goods are durable assets like machinery and equipment used repeatedly in production. Statement C is incorrect because intermediate goods have NOT crossed the production boundary - they are still within the production process. Only final goods cross the production boundary to reach consumers. -> correct