Which of the Following Is an Example of an Intermediate

question 13

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

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Definitions:

Garage

A building or secured area designed for the storage and maintenance of vehicles.

Shed

A small building, typically made of wood or metal, used for storage or as a workshop, commonly found in gardens or backyards.

Sub-Bailment

A situation where a bailee (person who receives property) further entrusts the bailed property to another person, under a sub-bailment contract.

Original Bailor

The person who initially entrusts their property to another (the bailee) under an agreement for the property's temporary care or possession.