Which of the Following Is Classified as a Final Good

question 67

Multiple Choice

Which of the following is classified as a final good or service?
i.Oranges bought by Boost Juice to use in fresh juices.
ii.Software to be installed in a new Dell computer.
iii.Your purchase of an online subscription to The Australian newspaper.

• A)iii only
• B)ii only
• C)i,ii and iii
• D)i and ii
• E)ii and iii

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Definitions:

Population

The complete set of individuals, items, or data from which a statistical sample is drawn for analysis.

Occurrences

Instances or events of something happening or being present.

Characteristics

Distinctive qualities or features that identify and differentiate individuals, groups, or things.

Descriptive Statistics

Statistical methods that summarize or describe the main features of a dataset, including measures like mean, median, mode, and standard deviation.