Which of the Following Correctly Describes a Final Good

question 121

Multiple Choice

Which of the following correctly describes a final good?
i.A final good is bought by its final consumer.
ii.A final good can be used by a firm as a component of another good or service.
iii.Investment goods cannot be a final good.

• A)ii and iii
• B)i only
• C)i and ii
• D)i and iii
• E)i, ii and iii

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Definitions:

Emodiversity

Degree to which a person experiences the variety and relative abundance of human emotions.

Variety And Abundance

The presence of a wide range of different things in copious amounts.

Human Emotions

Complex psychological states that involve a variety of physical and mental responses to external and internal stimuli.

Conceal Emotions

The act of hiding one's true feelings or emotional state, often to comply with social norms or personal objectives.