Which of the Following Describe an Intermediate Good

question 41

Multiple Choice

Which of the following describe an intermediate good?

• A) John buys a baseball bat to play with his son.
• B) Jack buys a baseball bat for his professional baseball club.
• C) Jerry buys a baseball bat as a gift for his friend.
• D) Jeremy buys a baseball bat to play with his friends in the park.

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Definitions:

Annual Cash Inflows

The total amount of money received by a business from its operations, investments, and financing activities over the course of a year.

Curb-Forming Machine

A specialized construction equipment used for shaping concrete curbs, gutters, and sidewalks by guiding prepared concrete into the desired shapes.

Net Cash Inflows

The total amount of cash received minus the total amount of cash spent over a specific period of time.

Investment Project

A project involving the allocation of capital resources with the expectation of generating future returns or benefits.