All Goods and Services Produced by One Firm but Used

question 110

Multiple Choice

All goods and services produced by one firm but used as inputs into a further stage of production are called

• A)value added.
• B)intermediate goods.
• C)national income goods.
• D)final goods.
• E)consumption goods.

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Definitions:

Flaccid

Pertaining to muscle weakness or softness, often indicating a lack of muscle tone.

Rigor Mortis

A postmortem condition where the muscles of the body stiffen due to chemical changes, occurring several hours after death.

Triceps

A muscle located at the back of the upper arm, responsible for extending the elbow.

Three Heads

typically refers to a muscle having three points of origin or attachments, such as the triceps brachii.