Which of the Following Is an Intermediate Good

question 45

Multiple Choice

Which of the following is an intermediate good?

• A) The tomatoes Sally grows in her garden for personal use
• B) The tomatoes Carlos buys at a local farmer's stand to make salsa for a party he's hosting
• C) The tomatoes Tsubasa buys from the grocery store to make BLT sandwiches
• D) The tomatoes a farmer sells to a factory to be used in the production of spaghetti sauce

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Definitions:

Transformation Process

The series of actions or operations that convert inputs into outputs in manufacturing or service delivery.

Multifactor Productivity

An efficiency measure that evaluates the output produced relative to a combination of input factors like labor, materials, and capital.

Inputs

Resources used in the production process, including raw materials, labor, and capital.

Outputs

The final products, services, or results generated by a system, process, or project.