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Which of the following is the best example of an intermediate good?
Berries
Tiny, succulent fruits that are usually eatable, often having a juicy texture, spherical shape, vivid colors, and a flavor that ranges from sweet to sour.
Perfect Substitute
Goods that can be used in place of one another with no loss of utility to the consumer.
Utility Function
A mathematical representation of how consumers rank different bundles of goods based on the level of satisfaction or utility those goods provide.
Indifference Curve
A graphical representation showing combinations of goods or services among which a consumer is indifferent, depicting preferences for consumption bundles.
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