Which of the Following Is the Best Example of an Intermediate

question 211

Multiple Choice

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

• A) military uniforms purchased by the government
• B) flour purchased by a bakery for the production of bread
• C) a new computer purchased by a software developer
• D) screwdrivers purchased by a homeowner for home repairs
• E) aprons purchased by restaurant chefs

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Definitions:

Confession of Judgment

A legal agreement in which a debtor permits a creditor to obtain a judgment against them without a trial.

Undertaking

A formal pledge or promise, often in a legal context, indicating an agreement to perform a particular action or task.

Substitute for Cash

Refers to alternative forms of payment that are not physical cash, such as checks, credit cards, or electronic transfers.

Coffee Shop

A type of retail establishment that primarily serves coffee and other beverages, along with snacks or light meals.