Which of the Following Is an Example of an Intermediate

question 7

Multiple Choice

Which of the following is an example of an intermediate good?

• A)The flowers that Mr.Grover buys at a local nursery
• B)The flowers that Timmy picks from a neighbor's garden and brings to Mrs.Grover
• C)The flour that Grandma buys to bake a birthday cake
• D)The flour that Joe buys so that he can eat pizza three nights a week
• E)The flour that Amy orders each month for the bakery she manages

---

Definitions:

Adaptation Model

A theoretical framework that explains how individuals adjust to changes or challenges in their environment over time.

Related Diversification

A growth strategy where a business expands its operations into areas that are similar to its existing operations, aiming to leverage its existing strengths and capabilities.

Business Strategy

Deals with how the firm will compete in each market where it conducts business.

Retrenchment

The act of reducing costs or spending in response to economic difficulty, often involving layoffs or downsizing of an organization.