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:

Unpaid Work

refers to tasks and services performed without monetary compensation, often inclusive of household chores, caregiving, and volunteer efforts.

Chilly Climate

An environment, often in educational or workplace settings, where women and minorities feel marginalized, unwelcome, or treated less favorably due to subtle forms of discrimination.

Hidden Curriculum

The unconscious, informal, and unwritten norms and rules that reinforce and maintain social conventions.

Hegemonic Masculinity

A concept in sociology that refers to cultural norms dictating the dominant form of masculinity, often characterized by heterosexual, assertive, and competitive traits.