Single Answer MCQ
Q-00045320
What is an example of a final good?
1
Wheat flour sold to a bakery
2
Packaged biscuits sold in a store
3
Sugar sold to a biscuit company
4
Wheat sold to a mill
Answer and Solution
Answer
B. Packaged biscuits sold in a store
Solution:
Packaged biscuits are the end product sold to consumers, whereas wheat flour and sugar are intermediate goods used in production.
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